This comprehensive textbook presents the most rigorous, analytical treatment of the theory of professional team sports presently available. 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 th[...]
The study of sports in the economy presents a rich arena for the application of sharply focused microeconomics, macroeconomics and econometrics to both team and individual outcomes. This highly unique book offers a survey of recent analyses that continues the tradition of empirical and theoretical a[...]