Overview:Playbooks and Checkbooks: An Introduction to the Economics of Modern Sports - What economic rules govern sports? How does the sports business differ from other businesses? Playbooks and Checkbooks takes a fascinating step-by-step look at the fundamental economic relationships shaping modern sports. Focusing on the ways that the sports business does and does not overlap with economics, the book uncovers the core paradox at the heart of the sports industry. Unlike other businesses, the sports industry would not survive if competitors obliterated each other to extinction, financially or otherwise--without rivals there is nothing to sell. Playbooks and Checkbooks examines how this unique economic truth plays out in the sports world, both on and off the field.Noted economist Stefan Szymanski explains how modern sporting contests have evolved; how sports competitions are organized; and how economics has guided antitrust, monopoly, and cartel issues in the sporting world. Szymanski considers the motivation provided by prize money, uncovers discrepancies in players' salaries, and shows why the incentive structure for professional athletes encourages them to cheat through performance-enhancing drugs and match fixing. He also explores how changes in media broadcasting allow owners and athletes to play to a global audience, and why governments continue to publicly fund sporting events such as the Olympics, despite almost certain financial loss.Using economic tools to reveal the complex arrangements of an industry, Playbooks and Checkbooks illuminates the world of sports through economics, and the world of economics through sports.
This book is on page /88f0ff300130a9332bf7ee8997e69000/book/1603725649-9780691202761. It was written by the following authors: Stefan Szymanski. Book Playbooks and Checkbooks: An Introduction to the Economics of Modern Sports, which can be read online, published by the company: Princeton University Press. Other books on similar topics can be found in sections: Law, Business, Sports Books, Finance. The book was published on 2020-06-02 00:00:00. It has 248 pages and is published in Paperback format and weight g. File for download Playbooks and Checkbooks: An Introduction to the Economics of Modern Sports has PDF format and is called playbooks-and-checkbooks-an-introduction-to-the-economics-of-modern-sports.pdf. Other books you can download below. Our nottedeiricercatoriaq.it site is not responsible for the content of PDF files.
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