Shmanske and Kahane have organized over 50 essays from prominent sports economists into two volumes around two related themes. This first volume explains how economics aids sports through the systematic application of economic theory and logic to the institutions in sports.

This paper uses data from the National Hockey League (NHL) to consider the potential gains to firms from employing culturally diverse work teams. It finds that the presence of foreign workers does increase firm-level performance: NHL teams that employed a higher proportion of European players...