Economics of Sports

ISBN-10: 1885693273
ISBN-13: 9781885693273
Edition: 2001
List price: $62.00
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Book details

List price: $62.00
Copyright year: 2001
Publisher: Fitness Information Technology, Incorporated
Binding: Hardcover
Pages: 242
Size: 11.75" wide x 13.25" long x 0.50" tall
Weight: 2.090
Language: English

Dr. Ming Li is a recognized expert in the field of theoretical computer science and an authoritative writer on computer learning theory, mathematical systems, foundations of computer science, complexity theory and more. Ming Li and co-author Paul Vitanyi have written a well respected text in An Introduction To Kolmogorov Complexity and Its Applications (1997). This book discusses randomness and the theory that an object's complexity is determined by how briefly it can be described. Aimed at advanced students, researchers, and practitioners in the fields of computer science, mathematics, cognitive sciences, artificial intelligence, statistics, and related fields, chapters address subjects such as algorithmic complexity and probability, inductive reasoning, and physics. Problem sets are included. In addition to contributing to Algorithmic Learning Theory, the proceeds of an International Workshop in Sendai, Japan (1997), Li has written numerous technical articles for professional journals and served as editor for The Journal of Computer and System Sciences, Information and Computation, Journal of Combinatorial Optimization, and Theoretical Computer Science. Ming Li was born July 16, 1955 in Beijing, China. He earned his Ph.D. at Cornell University in 1985. Li is a professor of computer science at Waterloo University, Ontario, Canada and a frequent presenter at international conferences and symposiums.

Preface
An Overview of the Sport Industry in North America
Introduction
Definition of an Industry
An Overview of the Sport Industry in North America
The Sport Industry in North America
Learning Activities
The Sport Activity-Producing Sector
The Sport-Supporting Sector
Chapter Questions
Summary
Economic Motives of Sport Organizations
Basics of Economic Analysis
Economic Motives of Sport Organizations
Learning Activities
Theory of the Firm
Economic Profits vs. Business Profits
Constraints on the Theory of the Firm
Limitations of the Theory of the Firm
Alternative Models of Firm Motivation
Reasons for Continuing to Use the Profit Maximization Model
An Alternative Theory for Sports: The Winning Maximization Model
Goals in Nonprofit Organizations
Chapter Study Questions
Summary
Demand, Pricing, and Revenue
Introduction
Demand
Demand, Pricing, and Revenue
Learning Activities
Supply
Price Discrimination
Forecasting Demand and Supply
Summary
Chapter Study Questions
Market Structures in the Sport Industry
Introduction
Market Structures in the Sport Industry
Learning Activity
Perfect Competition
Monopoly
Monopsony
Oligopoly
Monopolisitc Competition
Summary
Chapter Study Questions
Sport Industry Delivery
Introduction
Sport Industry Delivery
Government-Provided Sport
Learning Activities
Community Provision
Sport as Private Enterprise
Summary
Chapter Study Questions
The Sport Industry: A Critical Center of Economy
Introduction
The Sport Industry: A Critical Center of the Economy
Determining the Size of the Sport Industry
Measurement of GDP: The Expenditure Approach
Learning Activities
Measurement of GDP: The Factor Income Approach
Measurement of Gross Domestic Sports Product
Jobs in the Sport Industry
Summary
Chapter Study Questions
Economic Impact of Sport
Introduction
Theoretical Foundation of Economic Impact Studies
Economic Impact of Sport
Learning Activities
Estimates of Economic Impact of Sport
Summary
Chapter Study Questions
Labor Market Issues
An Overview of the Market for Labor
Labor Market Issues
Learning Activities
Labor Markets in the Sport Industry
Summary
Chapter Study Questions
Regulation of Sport
Introduction
Concept of Regulation
The Regulation of Sports
Government Regulation
Learning Activities
Industry Self-Regulation
Future Models in Sport Regulation
Summary
Chapter Study Questions
Competition and Antitrust in the Sport Industry
Introduction
Statutes
Competition and Antitrust in the Sport Industry
Learning Activities
The Role of the Courts
Focus of Antitrust Laws
Antitrust Enforcement and Professional Sport
Specific Areas of Antitrust Enforcement in Professional Sports
The Application of Antitrust Laws to Other Professional Sports
Antitrust Enforcement in Intercollegiate Athletics
Antitrust Enforcement in Other Areas of the Sport Industry
Antitrust Enforcement Outside of the United States
Government Influences on the Marketplace
Government Enterprises as Providers of Sport
Increasing Competition in the Sport Industry
Summary
Chapter Questions
International Issues
Introduction
International Issues
Types of Economic Systems and Sport Governance
Learning Activities
Globalization of Sport
International Expansions
A Perspective of Sport Club Systems in the World
Summary
Chapter Study Questions
Future Direction of the Sport Industry: An Economic Perspective
Introduction
Future Direction of the Sport Industry: An Economic Perspective
Projecting Future Demands
Learning Activities
Changing Demographics and Changing Markets
Suppliers of Sport
Competition
Technology Trends
Globalization
Views of Leaders in the Sport Industry
Summary
Chapter Questions

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