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Playbooks And Checkbooks "An Introduction To The Economics Of Modern Sports"

An Introduction To The Economics Of Modern Sports

Playbooks And Checkbooks "An Introduction To The Economics Of Modern Sports". An Introduction To The Economics Of Modern Sports

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  • ISBN:9780691127507
  • Editorial: Princeton University Press
  • Fecha de la edición:
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  • Dimensiones: 0 cm x 0 cm
  • Nº Pág.:248
  • Idiomas:Ingles,Inglés

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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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