The Ball Game Biz: An Introduction to the Economics Of Professional Team Sports

The Ball Game Biz: An Introduction to the Economics Of Professional Team Sports

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Description

This work uses economic theory, simple probability, statistical concepts and game theory to analyze the economics of professional sports. It treats sports leagues as cartels and uses historical examples to test theories regarding labor economics. Many key issues that have sparked raging arguments among fans and writers are addressed, including free agency's effect on competitive balance, how rising player salaries have/haven't affected ticket prices, and the effect of a new stadium on the local economy, among many others. -- Provided by publisher

Keywords

Baseball -- Economic aspects -- United States; Major League Baseball (Organization) -- Finance; Major League Baseball (Organization);

Document Type

Book

ISBN

9780786460571

Publication Date

2010

Publisher

McFarland & Co.

City

Jefferson, NC

Department

Department of Economics

Object Description

v, 198 p.

Language

en

The Ball Game Biz: An Introduction to the Economics Of Professional Team Sports

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