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The Sports Business as a Labor Market Laboratory
Open accessAbstract
With superior data on compensation and productivity, as well as the occurrence of abrupt, dramatic market structure and player allocation rules changes, sports labor markets offer an excellent setting in which to test economic hypotheses. This paper reviews evidence from sports in four areas: employer monopsony, discrimination, the Coase Theorem, and incentive contracts, supervision and performance. There is considerable evidence of monopsony as well as for the existence of some forms of discrimination against minority athletes. Incentive contracts have strong effects on player performance and behavior, and there is mixed evidence on the predictions of the Coase Theorem.
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Citations
Cited by
Experimental research on labor market discrimination
Neumark, D. (2018) · Journal of Economic Literature · doi:10.1257/jel.20161309 · Cited by 529
A multidisciplinary survey on discrimination analysis
Romei, A., & Ruggieri, S. (2014) · The Knowledge Engineering Review · doi:10.1017/s0269888913000039 · Cited by 288
The Fissured Workplace: Why Work Became So Bad for So Many and What Can Be Done to Improve It
Weil, D. (2014) · doi:10.4159/9780674726123 · Cited by 150
Sentiment Bias in National Basketball Association Betting
Feddersen, A., Humphreys, B. R., & Soebbing, B. P. (2018) · Journal of Sports Economics · doi:10.1177/1527002516656726 · Cited by 25
Metadata
- Authors
- Kahn, L. M.
- Venue
- Journal of Economic Perspectives
- Publisher
- American Economic Association
- Published
- 2000-08-01
- Volume
- 14
- Issue
- 3
- Pages
- 75-94
- ISSN
- 0895-3309 (ISSN-L)
- OpenAlex
- W2136468259
- Cited by
- 527
- References
- 0
- FWCI
- 9.34
- Type
- journal article
- Language
- en
- Open access
- bronze
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
