Dietl, Helmut; Duschl, Tobias; Franck, Egon; Lang, Markus - In: Journal of Economics and Statistics (Jahrbuecher fuer … 232 (2012) 3, pp. 336-359
This paper develops a model of a professional sports league with network externalities by integrating the theory of two-sided markets into a two-stage contest model. In professional team sports, the competition of the clubs functions as a platform that enables sponsors to interact with fans. In...