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