Sports Business and Multisided Markets: Towards a New Analytical Framework? (Long Version)

Despite still being younger than a decade, the theory of multisided markets has offered numerous valuable insights for the analysis of industries in which a supplier serves two distinct customer groups that are indirectly interrelated through externalities. Examples include payment systems, matching agencies, commercial media, and software platforms. However, professional sports mar-kets have largely been neglected so far in this kind of research although they possess the characteristics of multisided markets. This conceptual paper con-tributes to filling this gap by describing the platform elements of professional suppliers of sports events and conceptually outlining issues where an applica-tion of this theoretical framework is likely to provide valuable insights and to add to the existing knowledge. Among these problems are integrative pricing strategies of sports clubs towards such different customer groups like attendees, broadcasters, sponsors, etc., including their welfare and antitrust implications, design decisions of sports associations in order to promote positive feedback loops among the customer groups as well as management strategies to reinforce positive externalities among customer groups and alleviate negative ones. The authors would like to thank Anna Lund Jepsen and Nadine Lindstädt for valuable comments on earlier versions of this paper as well as Barbara Güldenring and Liz Patti for editorial assistance. A substantially shorter version of this paper will be published in Sports, Business, Management: An International Journal in 2011.sports economics, sports management, two-sided markets, multisided platforms, professional sports business, pricing strategies, broadcasting rights

Sports Business and the Theory of Multisided Markets

Despite still being younger than a decade, the theory of multisided market has offered numerous valuable insights for the analysis of industries in which a supplier serves two distinct customer groups that are indirectly interrelated by externalities. Examples include payment systems, matching agencies, commercial media and software platforms. However, professional sports markets have largely been neglected so far in this kind of research although they possess the characteristics of multisided markets. We contribute to filling this gap by describing the platform elements of professional suppliers of sports events and outlining issues where an application of this theoretical framework is likely to provide valuable insights and to add to the existing knowledge. Among these problems are integrative pricing strategies of sports clubs towards such different customer groups like attendees, broadcasters, sponsors, etc., including their welfare and antitrust implications, design decisions of sports associations in order to promote positive feedback loops among the customer groups as well as management strategies to reinforce positive externalities among customer groups and alleviate negative ones. We thank Anna Lund Jepsen for valuable comments on an earlier version of this paper and Barbara Güldenring for excellent editorial assistance.Sports economics, sports management, two-sided markets, multisided platforms, professional sports business, pricing strategies, broadcasting rights

Sports Business and the Theory of Multisided Markets

Despite still being younger than a decade, the theory of multisided market has offered numerous valuable insights for the analysis of non-ordinary industries in which a supplier serves two distinct customer groups that are indirectly interrelated by externalities. Examples include payment systems, matching agencies, commercial media and software platforms. However, professional sports markets have largely been neglected so far in this kind of research although they possess the characteristics of multisided markets. We contribute to filling this gap by describing the platform elements of professional suppliers of sports events and outlining problems where an application of this theoretical framework is likely to provide valuable insights and to add to the existing knowledge. Among these problems are integrative pricing strategies of sports clubs towards such different customer groups like attendees, broadcasters, sponsors, etc., including their welfare and antitrust implications, design decisions of sports associations in order to promote positive feedback loops among the customer groups as well as strategies to reinforce positive externalities among customer groups and alleviate negative ones.sports economics, two-sided markets, multisided platforms, professional sports business, pricing strategies, broadcasting rights

Sports business and multisided markets: Towards a new analytical framework?

Despite still being younger than a decade, the theory of multisided markets has offered numerous valuable insights for the analysis of industries in which a supplier serves two distinct customer groups that are indirectly interrelated through externalities. Examples include payment systems, matching agencies, commercial media, and software platforms. However, professional sports markets have largely been neglected so far in this kind of research although they possess the characteristics of multisided markets. This conceptual paper contributes to filling this gap by describing the platform elements of professional suppliers of sports events and conceptually outlining issues where an application of this theoretical framework is likely to provide valuable insights and to add to the existing knowledge. Among these problems are integrative pricing strategies of sports clubs towards such different customer groups like attendees, broadcasters, sponsors, etc., including their welfare and antitrust implications, design decisions of sports associations in order to promote positive feedback loops among the customer groups as well as management strategies to reinforce positive externalities among customer groups and alleviate negative ones

Sports business and the theory of multisided markets

Despite still being younger than a decade, the theory of multisided market has offered numerous valuable insights for the analysis of non-ordinary industries in which a supplier serves two distinct customer groups that are indirectly interrelated by externalities. Examples include payment systems, matching agencies, commercial media and software platforms. However, professional sports markets have largely been neglected so far in this kind of research although they possess the characteristics of multisided markets. We contribute to filling this gap by describing the platform elements of professional suppliers of sports events and outlining problems where an application of this theoretical framework is likely to provide valuable insights and to add to the existing knowledge. Among these problems are integrative pricing strategies of sports clubs towards such different customer groups like attendees, broadcasters, sponsors, etc., including their welfare and antitrust implications, design decisions of sports associations in order to promote positive feedback loops among the customer groups as well as strategies to reinforce positive externalities among customer groups and alleviate negative ones

Industrie 4.0 im Aufbruch? Ein beispielhafter Ausschnitt aus dem betrieblichen Stand

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The nonabelian Liouville-Arnold integrability by quadratures problem: a symplectic approach

A symplectic theory approach is devised for solving the problem of algebraic-analytical construction of integral submanifold imbeddings for integrable (via the nonabelian Liouville-Arnold theorem) Hamiltonian systems on canonically symplectic phase spaces

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This paper develops the reduction theory of implicit Hamiltonian systems admitting a symmetry group at a singular value of the momentum map. The results naturally extend those known for (explicit) Hamiltonian systems described by Poisson brackets.Comment: 29 pages, no figures, submitte

3D printing technology: Supply chain independent single-use plastic ware and bioreactors for cell culture

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Building the future with on demand 3D printing

The current shorts in single use (SU) supply chains show how dependent both industry and academia are from only a few vendors worldwide. This is severely hindering fundamental research and process development for the pandemic response. With 3D printing technology we can manufacture SU equipment on demand and on site. In this study we investigated different commercially available low-cost materials and their compatibility for cell culture. We identified poly lactic acid (PLA) as perfect candidate for 3D printed parts for cell culture applications. The worldwide supply chain issues for SU shaking flasks and reactors gave us the incentive to develop 3D printed counterparts to maintain our HEK293 cell culture. The shake flasks were designed in Autodesk inventor 3D CAD. The materials tested represent the market of different 3D printing technologies and materials, ranging from UV-polymerizing resin printers to thermoplastic printers. We included different manufacturers, plant derived and water washable resins as well as medical Class IIa resins. Whereas resin printed shaking flasks needed washing, curing and sterilization using isopropyl alcohol, the thermoplastic flasks were directly autoclaved. The different materials were tested with HEK293 cells under standard conditions. Cell growth and viability were monitored daily. Please click Additional Files below to see the full abstract