David G. Surdam

Author, Speaker, Professor of Economics

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A Sports Franchise Simulation Game

Author: David G. Surdam
Publication: Journal of Economic Education
Publication Date: 2009
Link to Article

Students in sports economics courses might better learn the basic concepts by running their own franchise. A simple game, based on the card game War, is easy and inexpensive to implement. Students quickly grasp the importance of weighing marginal benefits, both in terms of team record and marginal revenue, against the costs of improving their team. In addition, students learn that even the best-laid plans can, under some circumstances, result in disappointment. Extensions of the basic game help teach students the dynamics of revenue sharing, television contracts, salary caps, and other concepts.

BOOKS

2001-Nothern-Naval-Supeiority-and-the-Economics-of-the-Civil-War - copy
2008-The-Post-War-Yankees
2010-The-Ball-Game-Biz
2011-Wins,-Looses,-&-Empty-Seats
2012-The-Rise-of-the-National-Basketball-Association
2013-Run-to-Glory-and-Profits
2015-The-Big-Leagues-Go-to-Washington
2015-Century-of-the-Leisured-Masses
The Age of Ruth and Landis: The Economics of Baseball during the Roaring Twenties
Business Ethics from the 19th Century to Today: An Economist's View
Business Ethics from Antiquity to the 19th Century: An Economist's View
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