Starting with a major survey of the economics of sport, this volume involves primarily a comparison of the European and American models of sport, how to restructure leagues to make them more competitive, the analysis of gate-sharing mechanisms, the economic impact of promotion and relegation and a comparison of broadcasting regimes.
List of Figures and Graphs
List of Tables
Acknowledgements
Introduction
1 The Economic Design of Sporting Contests 1
2 The Political Economy of Sport Stefan Szymanski Szymanski, Stefan 79
3 Antitrust and Inefficient Joint Ventures: Why Sports Leagues Should Look More Like McDonald's and Less Like the United Nations Stefan Szymanski Szymanski, Stefan 87
4 Open Competition in League Sports Stefan Szymanski Szymanski, Stefan 139
5 Equality of Opportunity and Equality of Outcome: Open Leagues, Closed Leagues and Competitive Balance Stefan Szymanski Szymanski, Stefan 174
6 Promotion and Relegation in Sporting Contests Tommaso M. Valletti Valletti, Tommaso M. 198
7 Competitive Balance and Gate Revenue Sharing in Team Sports Tommaso M. Valletti Valletti, Tommaso M. 229
8 Professional Team Sports Are Only a Game: The Walrasian Fixed-Supply Conjecture Model, Contest-Nash Equilibrium, and the Invariance Principle Stefan Kb1ssenne Kb1ssenne, Stefan 244
9 Why Have Premium Sports Rights Migrated to Pay TV in Europe But Not in the US? Stefan Szymanski Szymanski, Stefan 262
10 Seizing the Moment: A Blueprint for Reform of World Cricket Stefan Szymanski Szymanski, Stefan 275
Index Stefan Szymanski Szymanski, Stefan 297
Overview
Starting with a major survey of the economics of sport, this volume involves primarily a comparison of the European and American models of sport, how to restructure leagues to make them more competitive, the analysis of gate-sharing mechanisms, the economic impact of promotion and relegation and a comparison of broadcasting regimes.