Book

The Oxford Handbook of Sports Economics

Edited by Leo H. Kahane and Stephen Shmanske

Volume 1, issue Published in print April 2012 | ISBN: 9780195387773
Published online September 2012 | | DOI: http://dx.doi.org/10.1093/oxfordhb/9780195387773.001.0001

Series: Oxford Handbooks

The Oxford Handbook of Sports Economics

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This book is the first volume of the two-volume The Oxford Handbook of the Economics of Sports, which includes chapters by authors in the quickly growing field of sports economics. The two volumes recognize two ways that economics and sports interact. First, economic analysis has helped everyone understand many of the peculiar institutions in sports. And second, quality data about individual productivity, salaries, career histories, teamwork, and managerial behavior has helped economists study topics as varied as the economics of discrimination, salary dispersion, and antitrust policy. These two themes of economics—helping sports and sports helping economics—provide the organizational structure to the two-volume set. Sports economists employ or comment on practically every field in economics. Labor economics comes into play in the areas of salary formation, salary dispersion, and discrimination. Baseball's history and the NCAA are studied with industrial organization and antitrust. Public finance and contingent value modeling are addressed in the study of stadium finance and franchise location. The efficient market hypothesis is examined with data from gambling markets. Macroeconomic effects are studied with data from mega events such as the Super Bowl, the World Cup, and the Olympics. The limits of econometrics are pushed and illustrated with superb data in many of the chapters herein. Topics in applied microeconomics such as demand estimation and price discrimination are also covered in several of the included chapters. Game theory, measurement of production functions, and measurement of managerial efficiency all come into play.

Keywords: sports economics; managerial behavior; economics of discrimination; salary dispersion; antitrust policy; labor economics; contingent value modeling; efficient market hypothesis; gambling; game theory

Book.  552 pages. 

Subjects: Economics

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Table of Contents

Economics of League Design in The Oxford Handbook of Sports Economics

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Competitive Balance in The Oxford Handbook of Sports Economics

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Theory of the Big Dance in The Oxford Handbook of Sports Economics

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Baseball's Antitrust Exemption in The Oxford Handbook of Sports Economics

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The Reserve Clause and Labor Mobility in The Oxford Handbook of Sports Economics

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Salary Caps and Luxury Taxes in The Oxford Handbook of Sports Economics

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The Demand for Violence in Hockey in The Oxford Handbook of Sports Economics

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Hockey in The Oxford Handbook of Sports Economics

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