Current Perspectives on the Economics of Fitness and Sport with Particular Reference to Worksite Programmes
Current Perspectives on the Economics of Fitness and Sport with Particular Reference to Worksite...
Shephard, Roy
2012-12-01 00:00:00
Much of the research on the economic impact of fitness and sport programmes has been initiated with a view to cost containment, or the justification of specific exercise initiatives. Care must be taken when evaluating such reports to consider any resultant biasing of conclusions. Analyses should conform to sound scientific and economic principles, with cost-effectiveness measures generally being more appropriate than cost-benefit analyses. Critical issues of measurement include opportunity costs, marginal and intangible costs, discount and inflation rates, and programme participation rates.
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Current Perspectives on the Economics of Fitness and Sport with Particular Reference to Worksite Programmes
Much of the research on the economic impact of fitness and sport programmes has been initiated with a view to cost containment, or the justification of specific exercise initiatives. Care must be taken when evaluating such reports to consider any resultant biasing of conclusions. Analyses should conform to sound scientific and economic principles, with cost-effectiveness measures generally being more appropriate than cost-benefit analyses. Critical issues of measurement include opportunity costs, marginal and intangible costs, discount and inflation rates, and programme participation rates.
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