J.C.H Jones's article 'The Economics of the National Hockey League'
J.C.H. Jones's article 'The Economics of the National Hockey League' (1969) purpose is to
explain through simple micro economics that the prime motive of professional hockey team owners
is profit maximization. The owners argue that their main interest is 'for the love of the game,' not the
financial benefits of owning a professional sports franchise and to avoid government regulations such
as the Combines Act (note 1).
An article written in 1982 by J.A. …
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…many
changes have been made to the governing bodies that control the National Hockey League however
its functions can still be explained through micro economics.
REFERENCES
1.The Combines Act. R.S., C314 s.1, 1966
2. J.C.H. Jones, 'The Economics of the National Hockey League', Canadian Journal of Economics,
vol 2 (February 1969), pp. 1-20
3. J.A. Schofield, 'The Development of First-Class Cricket in England: An Economic Analysis',
The Journal of Industrial Economics, vol. 30, no.4 (June 1982), pp.337-360
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