Analysis of Prize Money Gap in Wimbledon 2007 - 2016

Authors

RAKOVSKÁ Zuzana SVOBODA Martin

Year of publication 2017
Type Article in Proceedings
Conference European Financial Systems 2017
MU Faculty or unit

Faculty of Economics and Administration

Citation
Web https://is.muni.cz/do/econ/sborniky/70896034/EFS2017-Proceedings_2_final.pdf
Field Management and administrative
Keywords tennis; gender inequality; gender bias; prize money
Description Currently, it is rare in professional sports to offer equal prize money to male and female players. Tennis Grand Slam tournaments represent the leading part of those sports that committed to prize money parity. In 2007, Wimbledon, the oldest Grand Slam tournament, became the last Grand Slam to pay the same prize money to male and female players. Although men and women are paid equally they still play a different number of best-of sets: men play best-of-three sets while women play best-of-two sets in Wimbledon. These two competing circumstances have given rise to a financial gap in prize money obtained for a game played by men compared to women on average. The present paper estimates this financial gap by analyzing the unique data set on Wimbledon prize money and game scores in years 2007-2016.
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