512 Pages 122 Color & 5 B/W Illustrations
by Routledge

512 Pages 122 Color & 5 B/W Illustrations
by Routledge

The sports industry provides a seemingly endless set of examples from every area of microeconomics, giving students the opportunity to study economics in a context that holds their interest. Thoroughly updated to reflect the current landscape, The Economics of Sports introduces core economic concepts and theories, and applies them to US and international sports. Divided into five parts, the... Read more

Part I: Introduction and Review of Economic Concepts 1. Economics and Sports 2. Review of the Economist’s Arsenal Part II: The Industrial Organization of Sports 3. Sports Leagues and Franchises 4. Monopoly and Antitrust 5. Competitive Balance 6. Sports Gambling Part III: Public Finance and Sports 7. Teams, Stadiums, and Municipalities 8. Mega-Events Part IV: The Labor Economics of Sports 9. An Introduction to Labor Markets in Professional Sports 10. Labor Market Imperfections 11. Discrimination in Sports Part V: Sports in the Not-for-Profit Sector 12. The Economics of Intercollegiate Sports. Works Cited.

Biography

Michael A. Leeds is Professor of Economics at Temple University in Philadelphia, PA, USA and a research associate at IZA, Bonn, Germany.

Peter von Allmen is Professor Emeritus of Economics at Skidmore College in Saratoga Springs, NY, USA.

Victor A. Matheson is a professor in the Department of Economics and Accounting at the College of the Holy Cross in Worcester, MA, USA.