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Labour Markets in Professional Sports II
Manage episode 310362217 series 3053306
内容由La Trobe University and Dr Liam Lenten提供。所有播客内容（包括剧集、图形和播客描述）均由 La Trobe University and Dr Liam Lenten 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品，您可以按照此处概述的流程进行操作https://zh.player.fm/legal。
Do you question why professional athletes are paid so much money? This lecture delves into labour markets of the professional sports industry, starting with a coverage of both demand and supply in the basic setting, and then considering how the status quo differs in situations that represent common market restrictions in sports, such as 'monopsony power' of firms (teams) leading onto common competitive balance policies, like salary caps and the draft. We also consider some nuances of certain individualistic sports, such as tennis and golf, in which 'rank-order' tournaments are common, and in which 'superstar' effects can arise.
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