A Overview of Jone's Content "The Economics of the National Jockey Group"A Overview of Jone's Content "The Economics of the National Jockey Group"

A Overview of Jone's Content "The Economics of the National Jockey Little league"

The Combines Act

J.C.H. Jones's content "The Economics of the National Hockey Group" (1969)

purpose is to explain through straightforward micro economics that the primary motive of

professional hockey team owners is earnings maximization. The owners argue that

their main interest is "for the like of the overall game," not the financial benefits of

owning a professional sports franchise also to avoid government regulations such

as the Combines Act (note 1).

An article written in 1982 by J.A good. Schofield entitled "The Expansion of First

Class Cricket in England," states the tendencies of sport cartels. Three

hypothesises are used to describe the patterns described by Schofield, quantity two

being developed by J.C.H. Jones (1969). (1) The income maximization hypothesis.

(2)The joint profit maximization hypothesis that the complete cartel (league)

strives for. This hypothesis will not incorporate non profit targets that

influence group habit. (3) The utility maximization model that enable many

possibilities usually compromising arguments including the success of the group at

a given year and paid out attendance for the team's venue.

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