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The Economics of Sportsexplores economic concepts and theory-industrial organization, public finance, and labor economics-in the context of applications and examples from American and international sports. Economics and Sports; Review of the Economistrs"s Arsenal; Sports Franchises as Profit-Maximizing Firms; Monopoly and Antitrust; Competitive Balance; The Public Finance of Sports: The Market for Teams; The Costs and Benefits of a Franchise to a City; An Introduction to Labor Markets in Professional Sports; Labor Market Imperfections; Discrimination; The Economics of Amateurism and College Sports For all readers interested in sports economics.
Table of Contents
PART ONE: Introduction and Review of Economic Concepts Chapter 1. Economics and Sports Chapter 2. Review of the Economist’s Arsenal PART TWO: The Industrial Organization of Sports Chapter 3. Sports Franchises as Profit-Maximizing Firms Chapter 4. Monopoly and Antitrust Chapter 5. Competitive Balance PART THREE: Public Finance and Sports Chapter 6. The Public Finance of Sports: The Market for Teams Chapter 7. The Costs and Benefits of a Franchise to a City PART FOUR: The Labor Economics of Sports Chapter 8. An Introduction to Labor Markets in Professional Sports Chapter 9. Labor Market Imperfections Chapter 10. Discrimination PART FIVE: Sports in the Not-for-Profit Sector Chapter 11. The Economics of Amateurism and College Sports