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Hardcover

Published: 12th December 2011
Ships: 5 to 9 business days
RRP $155.00
$140.50

Sports Economics, the most comprehensive textbook in the field by celebrated economist Roger D. Blair, focuses primarily on the business and economics aspects of major professional sports and the NCAA. It employs the basic principles of economics to address issues such as the organization of leagues, pricing, advertising and broadcasting as well as the labor market in sports. Among its novel features is the candid coverage of the image and integrity of players, teams, managers and the leagues themselves, including cases of gambling, cheating, misconduct and steroids. Blair explains how economic decisions are made under conditions of uncertainty using the well-known expected utility model and makes extensive use of present value concepts to analyze investment decisions. Numerous examples are drawn from the daily press. The text offers ample boxes to illustrate sports themes, as well as extensive use of diagrams, tables, problem sets and research questions.

'Sports Economics is an invaluable text that uses rigorous microeconomic analysis to explain a host of sports topics, ranging from antitrust and arbitration to profits and point shaving.' Charles L. Clotfelter, Duke University, and author, Big-Time Sports in American Universities (2011) 'In Sports Economics Roger Blair provides comprehensive coverage of the key issues in the economics of sports, and then some. This book goes beyond the typical issues covered in sports economics textbooks as it considers such topics as gambling, cheating, player misconduct and performance-enhancing drugs. It also has an extensive treatment of legal issues that arise in sports markets, an area of research to which Blair has been a major contributor. This book will clearly become a standard text for sports economics courses.' Leo H. Kahane, Providence College, and Co-Founder and Editor, Journal of Sports Economics 'This is the most comprehensive explication of sports economics for the lay reader to date. An excellent read for the avid well-educated sports fan, text for a introductory class, and research tool to cite for basic propositions and for its compilation of sources.' Stephen Ross, Pennsylvania State University 'For a thorough tour of the economics of sports, no one has done it better than [Professor] Blair. For both economists and students alike, this book covers all of the bases and hits the ball out of the park.' Harold L. Vogel, author, Entertainment Industry Economics, 8th Edition (2011) 'Roger Blair does a great job of applying microeconomic principles to the sports industry. This book will help students better understand both the sports world and economics because of its clear explanation of sophisticated concepts.' Jason Winfree, University of Michigan

Introduction
Introduction to sports economics
The Sports Business
The business of sports
Sports leagues and organizations
Competitive balance
Pricing decisions
Advertising in the sports industry
The market for sports broadcasting rights
Insuring player talent
Sports leagues and antitrust policy
Image and Integrity
Sports gambling
Cheating in sports
Misconduct and discipline
Steroids and other performance-enhancing drugs
Facilities, Franchises, and Public Policy
Competition for sports franchises and events
Economic impact of sports events
Financing sports facilities
Sports Labor Market
Salary determination: competition and monopsony
The NCAA as a collusive monopsony
Salary determination: bidding and bargaining
Economic value of multi-year contracts
Final offer arbitration in major league baseball
Players' unions and collective bargaining
The role of sports agents
Should an athlete turn pro 'early'?
Discrimination in sports
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521876612
ISBN-10: 0521876613
Audience: Tertiary; University or College
Format: Hardcover
Language: English
Number Of Pages: 554
Published: 12th December 2011
Dimensions (cm): 25.3 x 19.0  x 3.7
Weight (kg): 1.111