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The Economics of Professional Team Sports
 
 

The Economics of Professional Team Sports [Paperback]

Paul Downward (Author), Alistair Dawson (Author)

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Book Description

October 19, 2000 0415208742 978-0415208741 1
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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Inside This Book (learn more)
First Sentence:
In the introduction it was argued that professional team sports lend themselves to economic analysis. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
sporting labour markets, sporting factors, lagged attendance, sporting leagues, professional team sports, championship significance, win percents, seasonal uncertainty, economic characterisation, balanced league, association football clubs, labour market restrictions, competitively balanced, monopsonistic exploitation, football attendance, run domination, club characteristics, attendance demand, outcome hypothesis, rugby union clubs, match attendance, seasonal success, rookie draft, perfectly competitive case, competitive balance
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Manchester United, New York, American League, World Series, Herfindahl Index, Football Association, European Court of Justice, Tottenham Hotspur, Alfred Marshall, European Union, Southern League, Treaty of Rome, Variable Estimated T-ratios, World War
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