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This work uses economic theory, simple probability, statistical concepts and game theory to analyze the economics of professional sports. It treats sports leagues as cartels and uses historical examples to test theories regarding labor economics. Many key issues that have sparked raging arguments among fans and writers are addressed, including free agency's effect on competitive balance, how rising player salaries have/haven't affected ticket prices, and the effect of a new stadium on the local economy, among many others. Instructors considering this book for use in a course may request an examination copy here.
This work uses economic theory, simple probability, statistical concepts and game theory to analyze the economics of professional sports. It treats sports leagu
Thousands of children across the United States dream of becoming professional athletes, yet less than one in a thousand high school seniors will go on to play i
Marvin Miller became the first executive director of the newly formed Major League Baseball Players Association. He recounts his experience in dealing with club
A parade of amusing anecdotes about players, owners, and agents, along with outrageous facts and staggering figures that make the wonderful world of sports seem
Baseball and law have intersected since the primordial days. In 1791, a Pittsfield, Massachusetts, ordinance prohibited ball playing near the town's meeting hou
