Playbooks and Checkbooks
eBook - PDF

Playbooks and Checkbooks

An Introduction to the Economics of Modern Sports

  1. 248 pages
  2. English
  3. PDF
  4. Available on iOS & Android
eBook - PDF

Playbooks and Checkbooks

An Introduction to the Economics of Modern Sports

Book details
Table of contents
Citations

About This Book

What economic rules govern sports? How does the sports business differ from other businesses? Playbooks and Checkbooks takes a fascinating step-by-step look at the fundamental economic relationships shaping modern sports. Focusing on the ways that the sports business does and does not overlap with economics, the book uncovers the core paradox at the heart of the sports industry. Unlike other businesses, the sports industry would not survive if competitors obliterated each other to extinction, financially or otherwise--without rivals there is nothing to sell. Playbooks and Checkbooks examines how this unique economic truth plays out in the sports world, both on and off the field.
Noted economist Stefan Szymanski explains how modern sporting contests have evolved; how sports competitions are organized; and how economics has guided antitrust, monopoly, and cartel issues in the sporting world. Szymanski considers the motivation provided by prize money, uncovers discrepancies in players' salaries, and shows why the incentive structure for professional athletes encourages them to cheat through performance-enhancing drugs and match fixing. He also explores how changes in media broadcasting allow owners and athletes to play to a global audience, and why governments continue to publicly fund sporting events such as the Olympics, despite almost certain financial loss.
Using economic tools to reveal the complex arrangements of an industry, Playbooks and Checkbooks illuminates the world of sports through economics, and the world of economics through sports.

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Yes, you can access Playbooks and Checkbooks by Stefan Szymanski in PDF and/or ePUB format, as well as other popular books in Economics & Economic Theory. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Princeton University Press
Year
2009
ISBN
9781400830008
Topic
Economics
Subtopic
Economic Theory
Index
Economics

Table of contents

  1. Contents
  2. Preface
  3. One Sports and Business
  4. Two Organizing Competition
  5. Three Sports and Antitrust
  6. Four Sporting Incentives
  7. Five Sports and Broadcasting
  8. Six Sports and the Public Purse
  9. Epilogue
  10. A Beginner’s Guide to the Sports Economics Literature
  11. Acknowledgments
  12. Index