The Economic Theory Of Professional Team Sports
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The Economic Theory of Professional Team Sports
| Author | : Stefan Késenne |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 177 |
| Release | : 2007 |
| Genre | : Business & Economics |
| ISBN | : 1847207065 |
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Analyses the theory of professional team sports. This book explores the special characteristics of the industry, analysing the product and player labour market under both the profit- and win-maximisation hypothesis. It investigates the impact of different league regulations such as the transfer system, revenue sharing arrangements and salary caps.
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