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...Journal of physical education and sport jpes vol supplement issue art pp online issn x p l original article transaction costs theory as an analytical concept clubs organizations jerzy boehlke nicolaus copernicus university in toru poland published april accepted for publication doi s abstract the is a general description sports club entity operating market economy recreation sector from point view falling within current new institutional economics theoretical firm developed on its basis was treated starting showing specifics organizational structure which minimizing functioning accordance with ronald coase postulate this approach not used so often economic analysis it probably result tradition investigation according to mainly organization instruments methods must be taken management formulated implemented also changed kind analysed agent having goals using calculus allows course integration traditional conducted dynamically framework modern institutionalism opens opportunities researc...