Sports Economics

Sports Economics

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Description

For upper division undergraduate classes aimed at a general audience (usually comprised of business and sports management majors) or in a seminar for economics majors.Sports Economics, by Rodney Fort, professor of economics and co-author of both Pay Dirt and Hard Ball, applies a dose of economic thinking to the business of sports. A recognized authority on sports economics and business, Professor Fort shows how the application of the economic way of thinking to team sports leads to a better understanding of the relationship between sports, the business, sports, and the game. Because sports truly are business, off-field economic decisions help determine on-field outcomes.show more

Product details

  • Paperback | 496 pages
  • 194.1 x 244.3 x 24.1mm | 934.42g
  • Pearson Education (US)
  • Pearson
  • United States
  • English
  • 0130850918
  • 9780130850911

About Rodney D. Fort

Rodney Fort is a recognized authority on sports economics and business, both in the United States and internationally. His dozens of articles and monographs cover sports topics as diverse as cross-subsidies in U.S. sports leagues, predatory behavior by Major League Baseball toward African American Baseball Leagues during integration, and comparative analysis of North American and European sports leagues. His contributions appear in the American Economic Review, Journal of Political Economy, Journal of Economic Literature, Economic Inquiry, Scottish Journal of Political Economy, Journal of Sports Economics, and law reviews. Professor Fort is co-author with James Quirk of two books on the sports business, Pay Dirt and Hard Ball, both nominated for national awards. He also serves on the editorial boards of the Journal of Sports Economics and the Eastern Economic Journal, and edits a series on sports economics with John Fizel for Prager Publishers. Professor Fort is a regular speaker on sports issues and has been a panelist on sports economics issues at Western Michigan University, Tufts University, The Independent Institute, The Marquette Sports Law Institute, The Brookings Institute, and The International Center for Sports Studies in Neuchatel, Switzerland. He recently was keynote speaker at the Second Sports Economics and Business Congress, Institute for Sports Economics and Business, Cologne, Germany. He often renders expert opinion in legal cases concerning sports and recently testified before the U.S. Senate Subcommittee on Antitrust concerning competitive balance issues in baseball.show more

Table of contents

1. Warm Up: The Business of Sports. I. DEMAND, SUPPLY, AND SPORTS MARKET OUTCOMES. 2. Demand and Sports Revenue. 3. The Market for Sports Broadcast Rights. 4. Team Cost, Profit, and Winning. 5. Sports Market Outcomes. II. THE MARKET FOR TALENT AND LABOR RELATIONS. 6. The Value of Sports Talent. 7. The History of Player Pay. 8. Labor Relations in Pro Sports. III. GOVERNMENT AND THE SPORTS BUSINESS. 9. Subsidies and Economic Impact Analysis. 10. The Stadium Mess. 11. Taxes, Antitrust, and Competition Policy. IV. COLLEGE SPORTS. 12. College Sports.show more

Rating details

10 ratings
3.1 out of 5 stars
5 10% (1)
4 30% (3)
3 30% (3)
2 20% (2)
1 10% (1)
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