professional team sports, the objectives of the owners of clubs and franchises are often thought to have serious consequences for the structure and regulation of leagues. Use economic theory to explain why this might be the case, and discuss the empirical evidence for this hypothesis.
This should refer back to the lectures attached.
There is no specific focus but the client does not want references to be unequally distributed.
Any graphics, tables and diagrams are to be referenced not created.
Sources
1.Sandy, R; Sloane, P and Rosentraub, M – The Economics of Sport, Palgrave Macmillan, 2005
(This book is now a little old, but was chosen as the course text due to it including a European perspective. Some of the lecture material follows this book)
2. Kessenne, S. The Economic Theory of Professional Team Sports, 2nd Edition, Edward Elgar, 2015.
(This is quite an advanced and mathematical treatment of the subject by one of the leading European scholars in the field)
3. Journal of Sports Economics: A quarterly academic journal first published in 2000 containing articles on all areas of the subject. Available via JRUL.
4. Oxford Review of Economic Policy, Volume 19 Issue 4 December 2003: This issue of the accessible and (largely) non-technical journal was solely devoted to Sports Economics.
5. International Journal of Sport Finance: Articles on sports finance and economics. Unfortunately not available via JRUL.
6. European Sport Management Quarterly, Journal of Sport Management: Articles on sport by Management and Marketing academics – a few by economists. Available via JRUL
7. International Journal of Sport Management and Marketing, Journal of Sports Management and Governance: Articles by marketing and management academics. Unfortunately not available via JRUL.
8. Welfare Effects of Salary Caps in Sports Leagues with Win-Maximizing Clubs
9. Social Welfare in Sports Leagues with Profit-Maximizing and/or Win-Maximizing Clubs Helmut Dietl†, Markus Lang††, and Stephan Werner††† August 2008, Updated March 2009
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