Title Details: | |
The economics of professional sport |
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Other Titles: |
Financial analysis of professional sports teams and leagues |
Authors: |
Vlassis, Minas |
Reviewer: |
Kyrikos, Dimitrios |
Subject: | LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > INDUSTRIAL ORGANIZATION LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > MICROECONOMICS LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > LABOUR AND DEMOGRAPHIC ECONOMICS LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > BUSINESS ADMINISTRATION AND BUSINESS ECONOMICS; MARKETING; ACCOUNTING LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > OTHER SPECIAL TOPICS |
Keywords: |
Professional sports clubs
Professional sports leagues Team sports |
Description: | |
Abstract: |
This book is intended for undergraduate (mainly) students of Economics, but also for postgraduate students of Business Administration. The aim of the book is to help readers understand the methodology and analytical tools used in professional sports economics, with an emphasis on the functioning of businesses/clubs and markets/leagues in team sports (soccer, basketball, etc.). The most important economic characteristics that give this industry its unique character and lead to the need for specialisation in the subject are: Firstly, in contrast to other economic activities, more than one production process carried out by different companies/clubs is necessary in order to offer a (sports) product. Secondly, if the efficiency of the production processes of the companies/associations is significantly lower, then the product (championship) becomes less attractive. These characteristics in turn raise specific theoretical questions/problems to be resolved and lead to the need for different interventions/regulations in these markets compared to other (conventional) markets.
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Linguistic Editors: |
Kioseoglou, Nerina |
Graphic Editors: |
Loukeri, Sofia |
Type: |
Undergraduate textbook |
Creation Date: | 2015 |
Item Details: | |
ISBN |
978-960-603-035-2 |
License: |
http://creativecommons.org/licenses/by-nc-nd/3.0/gr |
DOI | http://dx.doi.org/10.57713/kallipos-1030 |
Handle | http://hdl.handle.net/11419/711 |
Bibliographic Reference: | Vlassis, M. (2015). The economics of professional sport [Undergraduate textbook]. Kallipos, Open Academic Editions. https://dx.doi.org/10.57713/kallipos-1030 |
Language: |
Greek |
Consists of: |
1. Economic Units in Professional Sports 2. Sporting Talent, Sports Product and Pricing Policies 3. Optimal Utilization of Athletic Talent in Profit-Maximizing Leagues 4. Optimal Utilization of Athletic Talent in Victory-Maximizing Leagues 5. Optimal Utilization of Athletic Talent in Leagues Maximizing a Combination of Wins and Profits 6. Athletic Talent and Pricing Policy 7. Strategic Interdependence and Nash Equilibrium in the Athletic Talent Market – in Leagues Maximizing Profits 8. Nash Equilibrium in the Athletic Talent Market – in Leagues Maximizing a Combination of Wins and Profits 9. Labor Market and Athletic Talent Market (1) 10. Labor Market and Athletic Talent Market (2) 11. International and Emerging Leagues 12. Television Market and Participatory Revenue Management |
Number of pages |
193 |
Publication Origin: |
Kallipos, Open Academic Editions |
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