Bookbot
Exactement cet exemplaire ira dans le panier

Playbooks and Checkbooks

An Introduction to the Economics of Modern Sports

En savoir plus sur le livre

What economic rules govern sports, and how does the sports business differ from other industries? This book offers a step-by-step exploration of the fundamental economic relationships shaping modern sports. It reveals a core paradox: the sports industry cannot thrive if competitors eliminate each other, as rivals are essential for generating sales. The text examines how this unique economic reality manifests in the sports world, both on and off the field. Economist Stefan Szymanski analyzes the evolution of sporting contests, the organization of competitions, and the influence of economics on antitrust, monopoly, and cartel issues within sports. He discusses the motivations behind prize money, highlights discrepancies in player salaries, and explains how the incentive structure can lead professional athletes to cheat through performance-enhancing drugs and match-fixing. Additionally, Szymanski explores the impact of media broadcasting on reaching a global audience and investigates why governments continue to fund events like the Olympics despite the likelihood of financial losses. By employing economic tools to dissect the intricate dynamics of the sports industry, this work sheds light on the interplay between sports and economics, providing insights into both realms.

Achat du livre

Playbooks and Checkbooks, Stefan Szymanski

Langue
Année de publication
2009
Reliure
(rigide),
État du livre
Bon
Prix
6,09 €

Modes de paiement

Personne n'a encore évalué .

Titre
Playbooks and Checkbooks
Sous-titre
An Introduction to the Economics of Modern Sports
Langue
Anglais
Publié
2009
Format
rigide
Pages
248
ISBN10
0691127506
ISBN13
9780691127507
Séries
Description
What economic rules govern sports, and how does the sports business differ from other industries? This book offers a step-by-step exploration of the fundamental economic relationships shaping modern sports. It reveals a core paradox: the sports industry cannot thrive if competitors eliminate each other, as rivals are essential for generating sales. The text examines how this unique economic reality manifests in the sports world, both on and off the field. Economist Stefan Szymanski analyzes the evolution of sporting contests, the organization of competitions, and the influence of economics on antitrust, monopoly, and cartel issues within sports. He discusses the motivations behind prize money, highlights discrepancies in player salaries, and explains how the incentive structure can lead professional athletes to cheat through performance-enhancing drugs and match-fixing. Additionally, Szymanski explores the impact of media broadcasting on reaching a global audience and investigates why governments continue to fund events like the Olympics despite the likelihood of financial losses. By employing economic tools to dissect the intricate dynamics of the sports industry, this work sheds light on the interplay between sports and economics, providing insights into both realms.