The Economics of Professional Team Sports

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Overview

This book is unique in that it offers the first truly rigorous application of economic principles to its subject. The authors analyse:
* the economic literature on sporting leagues
* the demand for professional team sports
* the players' labour market.
Amongst the topics discussed are the US system of franchising and draft picks and the chances of their being adopted elsewhere, the implications of player strikes, the onset of pay-per-view and digital television, and the relatively new notion that sport is a business like any other.

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Product Details

  • ISBN-13: 9780415208734
  • Publisher: Taylor & Francis
  • Publication date: 10/17/2000
  • Pages: 262
  • Lexile: 1420L (what's this?)
  • Product dimensions: 6.14 (w) x 9.21 (h) x 0.63 (d)

Table of Contents

List of figures
List of tables
Acknowledgements
1 Introduction 1
Sect. A The market, industry and firm in professional team sports 11
2 The market structure of professional team sports leagues: general themes 13
3 The market structure of professional team sports leagues: the firm in professional team sports 27
4 Cross-subsidisation in professional team sports leagues 42
Sect. B The demand for professional team sports 67
5 Theoretical and empirical issues 69
6 Traditional findings and new developments 100
7 The uncertainty of outcome hypothesis: theoretical and empirical issues 130
8 Broadcast demand and the impact of television 157
Sect. C The labour market in professional team sports 181
9 The traditional view: theory and evidence 183
10 Recent developments: theory and evidence 203
Conclusions 235
Bibliography 239
Index 245
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