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Detailed Contents ix Preface xv PART ONE Introduction and Review of Economic Concepts 1 CHAPTER 1 Introduction 3 CHAPTER 2 Review of the Economist's Arsenal 13 PART TWO The Industrial Organization of Sports 67 CHAPTER 3 Sports Franchises as Profit-Maximizing Firms 69 CHAPTER 4 Monopoly and Antitrust 113 CHAPTER 5 Competitive Balance 151 PART THREE Public Finance and Sports 181 CHAPTER 6 The Public Finance of Sports: The Market for Sports Franchises 183 CHAPTER 7 The Costs and Benefits of a Franchise to a City 219 PART FOUR The Labor Economics of Sports 253 CHAPTER 8 An Introduction to Labor Markets in Professional Sports 255 CHAPTER 9 Labor Unions and Labor Relations 309 CHAPTER 10 Discrimination 343 PART FIVE Sports in the Not-for-Profit Sector 377 CHAPTER 11 The Economics of Amateurism and College Sports 379 Works Cited 421 Index 439Library of Congress Subject Headings for this publication: Sports Economic aspects