
The Economic Theory of Professional Team Sports: An Analytical Treatment
Author(s): Stefan Késenne (Author)
- Publisher: Edward Elgar Publishing
- Publication Date: August 26, 2007
- Language: English
- Print length: 176 pages
- ISBN-10: 1847202071
- ISBN-13: 9781847202079
Book Description
In the first part of the book, Stefan Kesenne explores the special characteristics of the industry, analysing the product and player labour market under both the profit- and win-maximisation hypothesis. He then goes on to investigate the impact of different league regulations such as the transfer system, revenue sharing arrangements and salary caps.
The Economic Theory of Professional Team Sports is undoubtedly a classic in the field which every student, lecturer and researcher of the economics of sport will want on their shelves.
Editorial Reviews
Review
'Stefan Kesenne is one of the most innovative, clear-headed sports economists writing today. With this book, he has provided a thoughtful, accessible exegesis of the extant literature on the economic theory of team sports leagues. There is no book like this currently available. It will serve as an excellent text for advanced undergraduate and graduate courses in sports economics. I heartily recommend it.' -- Andrew Zimbalist, Smith College, US
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