publication . Article . 2017

Complexity Triggered by Economic Globalisation— The Issue of On-Line Betting-Related Match Fixing

Wladimir Andreff;
Open Access English
  • Published: 01 Feb 2017 Journal: Systems (issn: 2079-8954, Copyright policy)
  • Publisher: MDPI AG
Abstract
Complexity in mainstream economics consists in high intermediary consumption of mathematics. A new approach to complexity economics dwells upon path-dependent global systems; their emergence and evolving organisation. The focus here is on the complexity of the real economic world due to globalisation. On-line betting related match-fixing is a case in point about which the article presents non-exhaustive empirical evidence and shows how it is analysed with the standard model of the economics of crime. There is no room for complexity in such an individualistic approach to corrupt behaviour applied to bet-related fixes. A more complex model is sketched based on int...
Subjects
free text keywords: sports economics, globalisation, match fixing, on-line betting, corruption, taxation, modelling, Systems engineering, TA168, Technology (General), T1-995, Sociology, Economic globalization, Tobin tax, Pedagogy, Mainstream economics, Globalization, Financial economics, Complexity economics, Sanctions, Empirical evidence
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