Paperback. 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. 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, among many others"--Provided by publisher. Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability.

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Bibliographic Details

Title: The Ball Game Biz (Paperback)
Publisher: McFarland & Co Inc, Jefferson, NC
Publication Date: 2010
Language: English
ISBN 10: 0786460571
ISBN 13: 9780786460571
Binding: Paperback
Condition: new

About this title

Synopsis

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.

About the Author

David George Surdam is an associate professor of economics at the University of Northern Iowa. He has published books on the economics of the American Civil War and Major League Baseball during the postwar era.

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