This The Economics Of Sports 5th Edition eBook as a guide in the world of sports and relationship with the economy. As an integral part of the economy, the sports world be attractive for entrepreneurs to be management and profit. To get the book written by Michael Leeds, Peter von Allmen is you have to shell out as much as $ 203.30. It applies to Books hardcover, paperback or digital type while it certainly would be cheaper.This book is actually in attendance go to undergraduate students of economics or sports special students who learn about the economy. But it turns out professionals who are struggling in the world of sports industry in demand also for reading. Because in the book, the concept is to provide information with the attachment examples so it is easy to understand.
The book provides a set of examples from every area of microeconomics, readers give the opportunity to know and study economics according to their pleasure, so their interest in the world economy are not lost, but growing. All theories that deal with economics and sports in exploration with systematic in this book. Touching the topic of industrial organization, public finance, and labor economics with research from the American and international sports.
One who has bought the book says that this book became a favorite book. Because this book has helped people to understand about microeconomics and intermediate as well as anything to do with sports. The second topic that can be understand correctly after reading a book that became a series from The Pearson Series in Economics.
The book has since been circulated by 2013 at the bookstore has a number of content pages as much as 464.
Table Of Contents
1. Economics and Sports
Introduction
1.1The Organization of the Text
1.2 Babe Ruth and Comparative Advantage
Summary
Discussion Questions
Problems
2. Review of the Economist’s Arsenal
Introduction
2.1 The Supply and Demand Model
2.2 Producing Output and the Production Function.
2.3 Market Structures: From Perfect Competition to Monopoly
2.4 The Rise of Professional Sports
Summary
Discussion Questions
Problems
APPENDIX 2A
2A.1 Constrained Maximization
2A.2 Using Indifference Curves and Budget Constraints: The Rise of Soccer and Baseball
APPENDIX 2B3. Sports Franchises as Profit-Maximizing Firms
Introduction
3.1 Maximizing Profits or Maximizing Wins?
3.2 A Closer Look at Revenues, and Costs
3.3 Taxes, Profit, and Owner Behavior
3.4 The Importance of Leagues
3.5 Soccer’s Alternative Business Model
Summary
Discussion Questions
Problems
4. Monopoly and Antitrust
Introduction
4.1 What’s Wrong with Monopoly?
4.2 Strategic Pricing and Price Discrimination
4.3 What’s Right with Monopoly?
4.5 Society’s Response to Monopoly and Monopsony: Antitrust Laws
4.6 The NCAA: An Incidental Cartel
4.7 Prisoner’s Dilemma: How Rational Actions Lead to Irrational Outcomes
Summary
Discussion Questions
ProblemsAPPENDIX 4A
5. Competitive Balance
Introduction5.1 Why Fans and Owners Want Competitive Balance
5.2 Measuring Competitive Balance
5.3 Attempts to Alter Competitive Balance
SummaryDiscussion Questions
Problems
6. The Public Finance of Sports: Who Benefits and How?
Introduction
6.1 How How Teams Benefit from New Facilities
6.2 How Fans Benefit from a New Facility
6.3 How Cities Benefit from Teams, Facilities, and Events
Summary
Discussion Questions
Problems
7. The Public Finance of Sports: Who Pays and Why?
Introduction
7.1 How Cities Came to Fund Stadiums
7.2 How Teams Exploit Monopoly Power
7.3 Stadium Location and Costs
7.4 Stadium Costs and Financing
7.5 Paying for Stadiums
Summary
Discussion Questions
Problems
8. An Introduction to Labor Markets in Professional Sports
Introduction
8.1 An Overview of Labor Supply and Labor Demand
8.2 The Economics of Tournaments and Superstars
8.3 Tournaments, Cheating, and the Distribution of Income
SummaryDiscussion Questions
Problems
APPENDIX 8A
9. Labor Market Imperfections
Introduction
9.1 The Monopsony Power of Sports Leagues
9.2 Unions in Professional Sports
9.3 Labor Conflict and Compromise in Collective Bargaining
SummaryDiscussion Questions
Problems
10. Discrimination
Introduction10.1 Becker’s Theory of Labor Discrimination
10.2 Different Forms of Discrimination in Professional Sports
10.3 Title IX and Discrimination in College Sports
Summary
Discussion Questions
Problems
11. The Economics of Amateurism and College SportsIntroduction
11.1 The Troublesome Concept of Amateurism
11.2 The Costs and Benefits of College Athletics
11.3 The Role of the NCAA
11.4 The Returns to the Athlete
Summary
Discussion Questions
Problems
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