ABSTRACT

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 thei

chapter 1|10 pages

Introduction

part |2 pages

Section A The market, industry and firm in professional team sports

chapter 2|14 pages

The market structure of professional team sports leagues

General themes

chapter 3|15 pages

The market structure of professional team sports leagues

The firm in professional team sports

part |2 pages

Section B The demand for professional team sports

chapter 5|31 pages

Theoretical and empirical issues

chapter 6|30 pages

Traditional findings and new developments

chapter 7|27 pages

The uncertainty of outcome hypothesis

Theoretical and empirical issues

part |2 pages

Section C The labour market in professional team sports

chapter 9|20 pages

The traditional view

Theory and evidence

chapter 10|32 pages

Recent developments

Theory and evidence

chapter 11|4 pages

Conclusions