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Personnel Economics in Sports

Edited by Neil Longley, Full Professor, Isenberg School of Management, University of Massachusetts Amherst, US
Sport is an effective industry in which to empirically test theories of personnel economics, primarily because the employer-employee relationship in sport is much more visible and transparent than in almost any other industry. This book examines personnel economics within the context of the professional sport industry. The chapters are organized around the core functional areas of personnel economics and cover all aspects of the employment relationship in sport – from recruiting and selection, to pay and performance, to work team design.
Extent: 224 pp
Hardback Price: $130.00 Web: $117.00
Publication Date: 2018
ISBN: 978 1 78643 090 8
Availability: In Stock
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This book examines personnel economics within the context of the professional sport industry. Sport is an effective industry in which to empirically test theories of personnel economics, primarily because the employer-employee relationship in sport is much more visible and transparent than in almost any other industry. Researchers benefit from having data on a host of variables pertaining to individual employees (players), such as their age, race, national origin, and experience. Researchers also have data on each employee’s performance, on their salary, and on who their co-workers (teammates) and managers (coaches) are.

The chapters are organized around the core functional areas of personnel economics and cover all aspects of the employment relationship in sport – from recruiting and selection, to pay and performance, to work team design. Each chapter contains a thorough literature review that provides the reader with a sense of the breadth and depth of the work being done in the area, and with a sense as to how the literature can move forward, both in a sport and non-sport context.

The book is suitable for an advanced undergraduate course right through to a postgraduate field-course in both management and economics. Academic researchers in the fields of sports economics, personnel economics, human resource management, strategic management and sport management will also find the book of interest.

‘For his Personnel Economics in Sports, Professor Longley collects a star lineup to bring the hot topic of personnel economics to bear on recruitment, the relationship between pay and performance, and management impacts. I’ve placed my copy right next to the rest of the important references in sports economics.’
– Rodney Fort, University of Michigan, US
Contributors: D. Berri, C. Deutscher, B. Frick, L. Kahane, N. Longley, J. Maxcy, J. Prinz, R. Simmons, D. Weimar
















Contents:

Preface

1. An introduction to personnel economics and its application to sport
Neil Longley

PART I RECRUITING AND HUMAN CAPITAL DEVELOPMENT
2. The failed promise of the draft in the NFL and NBA
David Berri

3. The golden generation: the personnel economics of youth recruitment in European professional soccer
Joachim Prinz and Daniel Weimar

PART II PAY, PERFORMANCE, AND INCENTIVES
4. Determining the drivers of player valuation and compensation in professional sport: traditional economic approaches and emerging advances
Christian Deutscher

5. Multi–period contracts as risk management in professional sports
Joel Maxcy

PART III TEAMWORK, AND THE IMPACTS OF MANAGEMENT
6. Impacts of co-worker heterogeneity on team performance
Robert Simmons

7. Pay dispersion and productivity in sports
Leo Kahane

8. Magicians, scapegoats and firefighters: the peculiar role of head coaches in professional soccer
Bernd Frick

Index