Sports Economics

Book Summary:

This text book explores the economic principles and implications of sports, focusing on how market forces shape the industry. The book examines the financial aspects of sports teams, leagues, and athletes, including revenue generation, labor markets, and the impact of stadiums. The author discusses the economics behind player salaries, team performance, and fan behavior, using empirical data and economic theories. The book also addresses public funding of sports facilities and the economic benefits of hosting major sporting events. Through a blend of theory and real-world examples, author provides insights into the complex economic dynamics of the sports industry.

ISBN: 9781319106157

Author:

David Berri