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We analyze a dynamic model of strategic interaction between a professional sport league that organizes a tournament … expected profits, while the league's objective may be either to maximize the demand for the sport or to maximize the teams … performance-based reward scheme (used by European sport leagues) may be optimal. Under joint profit maximization, full revenue …
Persistent link: https://www.econbiz.de/10011092806
We analyze the distribution of broadcasting revenues by sports leagues.In the context of an isolated league, we show that when the teams engage in competitive bidding to attract talent, the league's optimal choice is full revenue sharing (resulting in full competitive balance) even if the...
Persistent link: https://www.econbiz.de/10011092815
We propose a method to forecast the winner of a tennis match, not only at the beginning of the match, but also (and in particular) during the match.The method is based on a fast and exible computer program TENNISPROB, and on a statistical analysis of a large data set from Wimbledon, both at...
Persistent link: https://www.econbiz.de/10011090818
In this paper we investigate the truth (more often the untruth) of seventeen commonly heard statements about tennis.We base our analysis on point-by-point data of almost 500 singles matches played at Wimbledon, 1992-1995.The seventeen hypotheses under consideration are: 1 A player is as good as...
Persistent link: https://www.econbiz.de/10011091764
.In several cases, however, leagues won in court, on the ground that sport cannot be considered a standard good.In this paper, we …
Persistent link: https://www.econbiz.de/10011092552