This text, by three distinguished authors, applies the theories and techniques of economic analysis to sport and topics related to the business of sport. It builds on a basis of introductory microeconomics and continues the discussion, generally at an intermediate standard. The text has an international perspective, primarily the US, Canada, Europe and Australia, and contains relevant and entertaining case studies. The text suits both undergraduate and postgraduate students in that while it provides a clear progression of topics throughout, it also incorporates optional sections in each chapters of a higher and more challenging level.

Korea has become a powerful force in global sport, with South Korea finishing fifth in the medals table at London 2012 and hosting the Winter Olympics in 2018. This book brings together scholars from disciplines including sport history, sociology, journalism, economics, sport development, and sport management to explore the significance of sport in contemporary Korea. Presenting a variety of international perspectives, it plots the dynamic evolution of sport in Korea and envisions the possibilities for its future. Each chapter focuses on a key topic of current relevance, such as sport in the context of shifting relations between North and South Korea, or the role of sport in the expression of Korean nationalism. Arguing that individuals, institutions, businesses, and governments have actively leveraged or exploited sport to influence developments in various social, economic, cultural, and political arenas, this book sheds new light on the importance of sport as a catalyst for change in Korea. This is indispensable reading for any student or scholar with an interest in sport, history, and culture in Korea.

Korea has become a powerful force in global sport, with South Korea finishing fifth in the medals table at London 2012 and hosting the Winter Olympics in 2018. This book brings together scholars from disciplines including sport history, sociology, journalism, economics, sport development, and sport management to explore the significance of sport in contemporary Korea. Presenting a variety of international perspectives, it plots the dynamic evolution of sport in Korea and envisions the possibilities for its future. Each chapter focuses on a key topic of current relevance, such as sport in the context of shifting relations between North and South Korea, or the role of sport in the expression of Korean nationalism. Arguing that individuals, institutions, businesses, and governments have actively leveraged or exploited sport to influence developments in various social, economic, cultural, and political arenas, this book sheds new light on the importance of sport as a catalyst for change in Korea. This is indispensable reading for any student or scholar with an interest in sport, history, and culture in Korea.

This text, by three distinguished authors, applies the theories and techniques of economic analysis to sport and topics related to the business of sport. It builds on a basis of introductory microeconomics and continues the discussion, generally at an intermediate standard. The text has an international perspective, primarily the US, Canada, Europe and Australia, and contains relevant and entertaining case studies. The text suits both undergraduate and postgraduate students in that while it provides a clear progression of topics throughout, it also incorporates optional sections in each chapters of a higher and more challenging level.

A welfare system exists in this country that transfers hundreds of millions of dollars from taxpayers to individuals who hardly require government assistance. State and local officials, mesmerized by vague promises and starry-eyed visions of the future, cave in to ever escalating demands from the system's beneficiaries, without ever finding out whether the public is served by such policies. It's a scandal, really, and reform is long overdue if we are to rein in the abuses perpetrated by ... America's professional sports franchises."Major League Losers" is a clarion call that exposes the system by which American cities and states shell out scarce tax dollars to subsidize the expenses of wealthy team owners and their extraordinarily well-paid employees. New stadiums and arenas are built at public expense, but municipalities are regularly shut out from sharing in the profits they generate. Sweetheart deals, negotiated under the threat of a team leaving town, result in many owners receiving land, investment opportunities, luxury suites, prime office space, and practice facilities--all financed by the taxpayers.Mark S. Rosentraub, a leading analyst of the economic impacts of sports on urban areas, has studied the truth behind the claims routinely made by mayors, team owners, and the media, and he has discovered that major league sports have no more than a minuscule impact on the economy of a city or region. They produce few jobs, little tax revenue, and a negligible positive impact even on their own immediate neighborhood. In these times of tight budgets, Rosentraub shows that the current system wastes a colossal amount of public money that Americans cannot afford, and his pointed critiqueprovides government officials and taxpayers with a clearer understanding of how cities can, and should, negotiate with sports franchises to protect the true public good.