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Excerpt — Sport and Public Policy

Wage determination in professional sports

In a perfectly competitive market, in which athletes’ wages are equal to their marginal revenue products, only two factors can explain increasing player salaries.

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Economic impact of sport stadiums, teams, events

An exploration of public policy decisions regarding investment in sport by laying a foundation that focuses on the economic impacts of stadiums, teams, and events.

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Political economy and the Olympic Games

The Olympics have since their inception been closely associated with an ideology of social and technical progress.

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League cooperation necessary for fair play

A natural outgrowth of associations between individual franchises, leagues have enhanced the viability and stability of their professional sports by providing structure and ensuring an even field for competition.

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