Sports economics is a well-established and dynamic area of study; a key component in the fields of sport management, sport science and sport studies, as well as in other areas of economics, finance and management. Covering amateur to professional sports, individual events and organised tournaments, this Handbook provides an authoritative contribution to the understanding of sport in the economy. The editors of The SAGE Handbook of Sports Economics have brought together a global team of respected scholars to create this benchmark collection of insights into sports economics. Each chapter includes a study of a specific context in which issues arise in sports economics, a critical presentation of its main theoretical contributions, an overview of current research findings, and an outline of enquiry for future research. PART I: The Nature and Value of the Sports System and Economy; PART II: Amateur Sports Participation, Supply and Impact; PART III: Professional Team Sports; PART IV: Professional Sports Leagues; PART V: Sports Events and their Impacts; PART VI: Individual Sports; and PART VII: Future Research.

The Economics of Golf

The Economics of Golf

The economics of golf
Stephen Shmanske


As a concentrated subject area in the economics of sport, golf was a latecomer to the field. Nevertheless, many of the same themes and economic questions that were first considered in the context of team sports have exact or very similar counterparts in the sport of golf. Direct counterparts exist for the area of production functions or earnings functions in which the skills that are required for sporting success, for salaries, or for earnings are examined. The much looked at issue of sporting competition versus economic competition in league sports is addressed by a cartel of team owners who have a type of exemption from antitrust prosecution. This issue has a parallel in ...

  • Loading...
locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles