Application of the techniques of microeconomic theory to the sports industry. These employ the tools of three core microeconomic fields - industrial organization, public finance, and labor economics - to the examination of professional and college sports. Topics studied include, but are not limited to, the prevalence of monopoly power in the sports industry, financing of stadiums and teams, growth of union power, salary determination, and the incidence of racial discrimination.
The following are powerpoints and videos from the course.
Sports Economics Introduction: Opportunity Cost
The Story of Babe Ruth and More…
Publiuc Funds for a Sports Stadium 1
Public Funds for a Sports Stadium 2
Economic Impact of a Sports Stadium
Economic Value of a Sports Stadium Hedonic Price
Super Bowl ad Costs Soar but so does Buzz
Inside the Sports-Industrial Complex
Tit for Tat Strategy in NASCAR Bump and Run
Stadiums: Last Week Tonight with John Oliver (HBO)
Here’s Why your Not an Elite Athlete
ROSES XLIX Peter Groothuis “The Anti Flutie Effect: The Impact of Athletic Malfeasance”
ROSES XXXIII John Whitehead “Beyond ghost games”
ROSES CXIV Pete Groothuis, “Positional Segregation and Career Length in Major League Baseball”