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The Baseball Economist

Author : J.C. Bradbury
Publisher : Penguin
ISBN 13 : 1440635838
Total Pages : 356 pages
Book Rating : 4.4/5 (46 download)

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Book Synopsis The Baseball Economist by : J.C. Bradbury

Download or read book The Baseball Economist written by J.C. Bradbury and published by Penguin. This book was released on 2008-02-26 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Freakonomics meets Moneyball in this provocative exposé of baseball’s most fiercely debated controversies and some of its oldest, most dearly held myths. Providing far more than a mere collection of numbers, economics professor and popular blogger J.C. Bradbury shines the light of his economic thinking on baseball, exposing the power of tradeoffs, competition, and incentives. Utilizing his own “sabernomic” approach, Bradbury dissects baseball topics such as: • Did steroids have nothing to do with the recent homerun records? Incredibly, Bradbury’s research reveals steroids probably had little impact. • Which players are ridiculously overvalued? Bradbury lists all players by team with their revenue value to the team listed in dollars—including a dishonor role of those players with negative values—updated in paperback to include the 2007 season. • Does it help to lobby for balls and strikes? Statistics alone aren’t enough anymore. This is a refreshing, lucid, and powerful read for fans, fantasy buffs, and players—as well as coaches at all levels—who want to know what is really happening on the field.

The Baseball Economist

Author : John Charles Bradbury
Publisher :
ISBN 13 : 9781429564403
Total Pages : pages
Book Rating : 4.5/5 (644 download)

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Book Synopsis The Baseball Economist by : John Charles Bradbury

Download or read book The Baseball Economist written by John Charles Bradbury and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Hot Stove Economics

Author : J.C. Bradbury
Publisher : Springer Science & Business Media
ISBN 13 : 1441962697
Total Pages : 262 pages
Book Rating : 4.4/5 (419 download)

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Book Synopsis Hot Stove Economics by : J.C. Bradbury

Download or read book Hot Stove Economics written by J.C. Bradbury and published by Springer Science & Business Media. This book was released on 2010-09-29 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: The final out of the World Series marks the beginning of baseball's second season, when teams court free agents and orchestrate trades with the hope of building a championship contender. The real and anticipated transactions generate excitement among fans who discuss the merit of moves in the arena informally known as the “hot stove league.” In Hot Stove Economics, economist J.C. Bradbury answers the hot stove league's most important question: what are baseball players worth? With in-depth analysis, Bradbury identifies the game’s best and worst contracts—revealing the bargains, duds, and players who are worth every penny they receive. From minor-league prospects to major-league MVPs, Bradbury examines how factors such as revenue growth, labor rules, and aging— even down to the month in which players are born—shape players' worth and evaluates how well franchises manage their rosters. He broadly applies the principles of economics to baseball in a way that is both interesting and understandable to sports fanatics, team managers, armchair economists and students alike.

Baseball Economics

Author : John L. Fizel
Publisher : Praeger
ISBN 13 : 0275955591
Total Pages : 0 pages
Book Rating : 4.2/5 (759 download)

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Book Synopsis Baseball Economics by : John L. Fizel

Download or read book Baseball Economics written by John L. Fizel and published by Praeger. This book was released on 1996-10-21 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of contributions by 14 professional economists analyzes the current economic issues in major league baseball. Most of these issues are related to the recent disputes between owners and players over a collective bargaining agreement and between large-market and small-market owners over revenue sharing. Issues addressed include the impact of the construction of new stadiums and racial discrimination on attendance. In addition, players' salaries, free agency, cost of player development, and arbitration are discussed.

May the Best Team Win

Author : Andrew S. Zimbalist
Publisher : Brookings Inst Press
ISBN 13 : 9780815797289
Total Pages : 198 pages
Book Rating : 4.7/5 (972 download)

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Book Synopsis May the Best Team Win by : Andrew S. Zimbalist

Download or read book May the Best Team Win written by Andrew S. Zimbalist and published by Brookings Inst Press. This book was released on 2003 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: Major League Baseball is experiencing a period of distinct uncertainty. Average game attendance has fallen since the 1994 strike. Congress has called into question baseball's presumed antitrust exemption. Broadcast rights disputes for popular teams have created complications for fans. However, new stadium facilities and, more important, the renewed excitement brought to the game by shattered batting records and the blazing pitchers of the late 90's brought fans back. A strike was narrowly averted at the end of the 2002 season, a campaign that yielded one of the most exciting post-seasons yet, with the unlikely Anaheim Angels claiming the coveted World Series trophy.Beneath these encouraging developments deep problems persist within Major League Baseball. Though a labor agreement was finally reached between players and owners, the specter of another dispute looms in the minds of fans. The new agreement, while a positive step, introduces several perverse incentives and will only make a modest dent in baseball's economic deformities. While Commissioner Bud Selig's proposal to eliminate two under-performing franchises was put on hold, the Players Association has agreed not to challenge an owner effort to contract two teams before the 2007 season. Beyond that, Selig himself has become the object of controversy, as questions regarding his possible conflicts of interest and poor leadership taint his reign over baseball. Disputes surrounding the establishment of regional sports networks, such as New York's YES network, make it more difficult and expensive for fans to watch their favorite teams. Tough questions about baseball's presumed special antitrust status have been raised by many, including an official Congressional inquiry.This book explores the abuses and inefficiencies in the functioning of the baseball industry and how these problems are directly connected to Major League Baseball's monopoly status, its presumed exemption from antitrust regulation, and public policy. Andrew Zimbalist, a noted sports economist, spares no criticism for baseball's current leadership. He asserts that the biggest problem for baseball remains the economic realities of its monopolistic practices. The absence of competitive pressure has bred arrogance, laxity, and inefficiency in Major League Baseball, according to Zimbalist. Among other recommendations, he argues that lifting the presumed exemption would allow government and judicial oversight, with an eye toward ending the abuses.May the Best Team Win provides a solid, hard-hitting analysis of the current state of America's pastime. Easily accessible and highly informative, it is bound to become a standard reference tool for fans seeking a deeper understanding of the important issues

May the Best Team Win

Author : Andrew Zimbalist
Publisher : Rowman & Littlefield
ISBN 13 : 081571940X
Total Pages : 234 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis May the Best Team Win by : Andrew Zimbalist

Download or read book May the Best Team Win written by Andrew Zimbalist and published by Rowman & Littlefield. This book was released on 2010-12-01 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: The business of baseball stands in sharp contrast to the game’s wholesome image as America’s favorite pastime. Major league baseball is a deeply troubled industry, facing chronic problems that threaten its future: persistent labor tensions, competitive dominance by high-revenue teams, migration of game telecasts to cable, and escalating ticket prices. Amid the threat of contraction, existing franchises are demanding public subsidies for new stadiums, while viable host cities are begging for teams. The game’s core base of fans is aging, and MLB is doing precious little to attract a younger audience. According to Andrew Zimbalist, these problems have a common cause: monopoly. Since 1922 MLB has benefited from a presumed exemption from the nation’s antitrust laws. It is the only top-level professional baseball league in the country, and each of its teams is assigned an exclusive territory. Monopolies have market power, which they use to derive higher returns, misallocate resources, and take advantage of consumers. Major league baseball is no exception. In May the Best Team Win, Zimbalist provides a critical analysis of the baseball industry, focusing on the abuses and inefficiencies that have plagued the game since the 1990s, when franchise owners appointed their colleague Bud Selig as MLB’s “independent” commissioner.

The Ball Game Biz

Author : David George Surdam
Publisher : McFarland
ISBN 13 : 0786462272
Total Pages : 204 pages
Book Rating : 4.7/5 (864 download)

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Book Synopsis The Ball Game Biz by : David George Surdam

Download or read book The Ball Game Biz written by David George Surdam and published by McFarland. This book was released on 2014-01-10 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work uses economic theory, simple probability, statistical concepts and game theory to analyze the economics of professional sports. It treats sports leagues as cartels and uses historical examples to test theories regarding labor economics. Many key issues that have sparked raging arguments among fans and writers are addressed, including free agency's effect on competitive balance, how rising player salaries have/haven't affected ticket prices, and the effect of a new stadium on the local economy, among many others. Instructors considering this book for use in a course may request an examination copy here.

Sports Economics

Author : John L. Fizel
Publisher : Bloomsbury Publishing USA
ISBN 13 : 0313028273
Total Pages : 261 pages
Book Rating : 4.3/5 (13 download)

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Book Synopsis Sports Economics by : John L. Fizel

Download or read book Sports Economics written by John L. Fizel and published by Bloomsbury Publishing USA. This book was released on 1999-08-30 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: The sports industry presents many unusual and interesting opportunities for the application of economic theory and econometrics. In 15 professional papers, this book addresses current economic issues in the industry, including the problem of competitive balance, the location of professional sports teams and their impact on local communities, managerial decision making, and issues related to labor markets. Extending the previous research in sports economics, the papers reflect the most recent applications of economic theory in this area. The book will be a valuable resource for professional economists working on sports economics topics. In two opening chapters on competitive balance, the contributors develop a model for college football and examine the impact of balance on attendance in major league baseball. In a section on the location of professional sports teams, the chapters then develop a model to predict the location of expansion teams, make econometric estimates of the impact of Super Bowls on the host city, and analyze the ownership of stadiums and arenas. Managerial decision making is discussed in chapters that examine alternative econometric models of production in baseball, use a production function model to analyze technological change in Major League Baseball, examine the management of team streaks, consider the competitive balance between American and National Leagues, analyze the efficiency of player trades in the National Basketball Association, and estimate the impact of participation in inter-collegiate sports on academic performance. In the final section on labor markets, the contributors estimate the impact of owner collusion on baseball players' salaries, consider the impact of the new collective bargaining agreement in Major League Baseball, analyze the impact of being a union representative, and examine the impact of the National Football League's salary cap on player's salaries.

Handbook of Sports Economics Research

Author : John Fizel
Publisher : Routledge
ISBN 13 : 1351564315
Total Pages : 288 pages
Book Rating : 4.3/5 (515 download)

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Book Synopsis Handbook of Sports Economics Research by : John Fizel

Download or read book Handbook of Sports Economics Research written by John Fizel and published by Routledge. This book was released on 2017-07-05 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: The wealth of data available on sports makes the industry a singular laboratory for observing economic and business behavior and theory. This unique reference on sports economics research provides a detailed perspective on the current state of the discipline. Covering both team and individual sports that include tennis, golf, and motor racing, the handbook explores what we know, what we do not know, what is stable, what is changing, what is certain, and what is controversial in sports economics. The expert contributors address issues in particular sports or comparisons among sports along major topics such as revenue and costs, labor markets, market structure, market outcomes, and public policy.

The SAGE Handbook of Sports Economics

Author : Paul Downward
Publisher : SAGE
ISBN 13 : 1526444518
Total Pages : 1077 pages
Book Rating : 4.5/5 (264 download)

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Book Synopsis The SAGE Handbook of Sports Economics by : Paul Downward

Download or read book The SAGE Handbook of Sports Economics written by Paul Downward and published by SAGE. This book was released on 2019-08-26 with total page 1077 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sports economics is a well-established and dynamic area of study; a key component in the fields of sport management, sport science and sport studies, as well as in other areas of economics, finance and management. Covering amateur to professional sports, individual events and organised tournaments, this Handbook provides an authoritative contribution to the understanding of sport in the economy. The editors of The SAGE Handbook of Sports Economics have brought together a global team of respected scholars to create this benchmark collection of insights into sports economics. Each chapter includes a study of a specific context in which issues arise in sports economics, a critical presentation of its main theoretical contributions, an overview of current research findings, and an outline of enquiry for future research. PART I: The Nature and Value of the Sports System and Economy PART II: Amateur Sports Participation, Supply and Impact PART III: Professional Team Sports PART IV: Professional Sports Leagues PART V: Sports Events and their Impacts PART VI: Individual Sports PART VII: Future Research

The Economics of the National Football League

Author : Kevin G. Quinn
Publisher : Springer Science & Business Media
ISBN 13 : 1441962891
Total Pages : 333 pages
Book Rating : 4.4/5 (419 download)

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Book Synopsis The Economics of the National Football League by : Kevin G. Quinn

Download or read book The Economics of the National Football League written by Kevin G. Quinn and published by Springer Science & Business Media. This book was released on 2011-12-20 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book lays down a marker as to the state of economists’ understanding of the National Football League (NFL) by assembling sophisticated, critical surveys of by leading sports economists on major topics associated with the league. The book is divided into four parts. The first three chapters in Part I provide an overview of the business of the NFL from an economist’s perspective. Part II is a collection of surveys of the economics of the NFL’s most important revenue streams, including media, attendance, and merchandising. The NFL’s labor economics is the focus of Part III, with chapters on player and coach labor markets, the draft, and contract structure. Part IV includes essays on competitive balance, gambling, economic impacts of the Super Bowl, behavioral economic issues associated with the league, and antitrust issues. This book will appeal to sports economists, sports management professionals, and policy-makers, and would be useful as a supplementary text for sports economics and management courses as well as a reference text.

Stumbling on Wins

Author : David J. Berri
Publisher : Financial Times/Prentice Hall
ISBN 13 : 9780132357784
Total Pages : 0 pages
Book Rating : 4.3/5 (577 download)

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Book Synopsis Stumbling on Wins by : David J. Berri

Download or read book Stumbling on Wins written by David J. Berri and published by Financial Times/Prentice Hall. This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Don't they want to win? Every sports fan asks that question. And no wonder! Teams have an immense amount of detailed, quantifiable information to draw upon. They have powerful incentives for making good decisions. Everyone sees the results of their choices, and the consequences for failure are severe. And yet, they keep making the same mistakes over and over again - mistakes you'd think they'd learn how to avoid! Now, two leading sports economists reveal those mistakes in basketball, baseball, football, and hockey - and explain why sports decision-makers never seem to learn their lessons. You'll learn which statistics are linked to wins and which aren't and which statistics can predict the future and which can't (information that just might help you dominate your next fantasy league!) ... this book offers powerful new insights into all human decision-making.

Entertainment Industry Economics

Author : Harold L. Vogel
Publisher : Cambridge University Press
ISBN 13 : 1108638376
Total Pages : 747 pages
Book Rating : 4.1/5 (86 download)

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Book Synopsis Entertainment Industry Economics by : Harold L. Vogel

Download or read book Entertainment Industry Economics written by Harold L. Vogel and published by Cambridge University Press. This book was released on 2020-07-23 with total page 747 pages. Available in PDF, EPUB and Kindle. Book excerpt: Already among the most important sectors of the US economy, the entertainment and media industries are continuing to grow worldwide. Fully updated, the tenth edition of Entertainment Industry Economics is the definitive reference on the economics of film, music, television, advertising, broadcasting, cable, casinos, publishing, arts and culture, performing arts, toys and games, sports, and theme parks. Its synthesis of a vast amount of data provides an up-to-date guide to the economics, financing, accounting, production, marketing, and history of these sectors in the United States and countries across the globe. This edition offers new material on streaming services, the relationship between demographics and entertainment spending, electromagnetic spectrum for broadcasters, and revised FASB accounting rules for film and television. Financial analysts and investors, economists, industry executives, accountants, lawyers, regulators, and journalists, as well as students preparing to join these professionals will benefit from this invaluable source.

The Oxford Handbook of Sports Economics: Volume 1: The Economics of Sports

Author : Leo H. Kahane
Publisher : Oxford University Press
ISBN 13 : 0199874778
Total Pages : 552 pages
Book Rating : 4.1/5 (998 download)

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Book Synopsis The Oxford Handbook of Sports Economics: Volume 1: The Economics of Sports by : Leo H. Kahane

Download or read book The Oxford Handbook of Sports Economics: Volume 1: The Economics of Sports written by Leo H. Kahane and published by Oxford University Press. This book was released on 2012-03-16 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stephen Shmanske and Leo Kahane have brought together nearly all of the important authors in the quickly growing field of Sports Economics to contribute chapters to this two-volume set. The result is truly informative in its content and path breaking in its importance to the field. Anyone contemplating research in the field of sports economics will find the works in these volumes to provide both ample background in subject after subject and numerous suggestions for future avenues of research. The editors have recognized 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. The reader will find that 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. Baseballs history and the NCAA are studied with Industrial Organization and Antitrust. Public Finance and Contingent Value Modeling come into play 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 like the Super Bowl, The World Cup, and the Olympics. The limits of Econometrics are pushed and illustrated with superb data in many of the papers herein. Topics in Applied microeconomics like demand estimation and price discrimination are also covered in several of the included papers. Game Theory, measurement of production functions, and measurement of managerial efficiency all come into play. Talented authors in each of these fields have made contributions to these volumes. The volumes are also rich from the point of view of the sports fan. Every major team sport is covered, and many interesting comparisons can be made especially between the North American League organization and the European-style promotion and relegation leagues. Golf, NASCAR, College athletics, Womens sports, the Olympics, and even bowling are represented in these pages. There is literally something for everyone.

The Sports Business in The Pacific Rim

Author : Young Hoon Lee
Publisher : Springer
ISBN 13 : 3319100378
Total Pages : 385 pages
Book Rating : 4.3/5 (191 download)

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Book Synopsis The Sports Business in The Pacific Rim by : Young Hoon Lee

Download or read book The Sports Business in The Pacific Rim written by Young Hoon Lee and published by Springer. This book was released on 2014-10-31 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following consistent and rapid general economic growth, Pacific Rim countries have grown as a major force in sports. Australia, China, Japan and Korea populated the top ten medals list at the 2012 London Olympics. Pacific Rim countries are major consumers of international sports and domestic professional sports have expanded continuously over time. Nippon Professional Baseball and the Korean Baseball Organization are the second and third largest baseball leagues measured by attendance and revenue following Major League Baseball in the U.S. This book also includes event studies of team ownership, assessment of human capital markets, analysis of the relationship between attendance and competitive balance, the components of fan demand in common the world over, and business decisions concerning attendance and pricing. There is already demand for comprehensive study of the sports business in the Pacific Rim as witnessed by this growth. This book will be of interest of researchers studying and/or teaching in the fields of sports economics and sports management as well as a general audience interested in business governance around the world.

Major League Baseball Expansions and Relocations

Author : Frank P. Jozsa, Jr.
Publisher : McFarland
ISBN 13 : 0786457236
Total Pages : 218 pages
Book Rating : 4.7/5 (864 download)

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Book Synopsis Major League Baseball Expansions and Relocations by : Frank P. Jozsa, Jr.

Download or read book Major League Baseball Expansions and Relocations written by Frank P. Jozsa, Jr. and published by McFarland. This book was released on 2010-03-08 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study considers the importance of location for new and relocated major league franchises in the more than 130 years since the National League was founded. Included are an analysis of market differences and similarities, team performances and demographics and area economic comparisons. Market data are used to predict future expansions and relocations of major league teams.

The Call Up to the Majors

Author : Thomas A. Rhoads
Publisher : Springer
ISBN 13 : 1461489245
Total Pages : 121 pages
Book Rating : 4.4/5 (614 download)

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Book Synopsis The Call Up to the Majors by : Thomas A. Rhoads

Download or read book The Call Up to the Majors written by Thomas A. Rhoads and published by Springer. This book was released on 2015-03-28 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the unique relationships between professional baseball teams and the unique ways professional baseball leagues are organized in North America with a primary focus on how proximity can and does impact consumer demand. Perhaps more than any other matter that arises in the business of baseball, proximity to other professional baseball teams is a concern that has uniquely shaped professional baseball leagues in North America. It is this particular component in how professional baseball leagues are organized that suggests building a proximity-based approach to studying the economics of minor league baseball. This book opens up new ways to study minor league baseball, specifically, and sports leagues more generally. So even as advanced technology has eliminated some of the need for fans to be in close proximity to the teams they love to follow, there is still a need to understand more completely how proximity matters can impact the way professional baseball leagues are structured and how that structure can ultimately impact the quality of the games that entertain sports fans everywhere. This book will be of interest to both sports economists and practitioners.