The Economics of Sports William S. Kern First Chapter | Table of Contents 140 pp. 2000 $14.00 paper 978-0-88099-210-7 This collection shows how big-time sports has outgrown its role as a simple pastime. Fueled by fans' rising disposable incomes and the promise of jobs and local economic development, professional and major college sports have evolved into a multibillion-dollar economic sector that produces winners and losers both on and off the field. The contributors to this book show how a host of contemporary economic issues come into play in today's world of sports. These issues include industrial organization, influences on labor markets, monopsony power, the behavior of cartels, local economic development policies, and price discrimination. "I liked this book a lot. Its essays present a broad perspective on a number of current issues from scholars who have made substantial contributions to this new field. The book is also very readable. It will be useful to anyone interested in gaining a basic knowledge of some of the major issues in the economics of sports. And I would recommend it to anyone teaching a sports economics course and looking for supplemental reading material." –Robert Thornton, Eastern Economic Journal |