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Since the beginning of the nineties, professional sports firm values have been estimated by American newspapers. In 2004, Forbes proposed for the first time a list of the most valuable European soccer teams. In this article, we compare the determinants of firm values in MLB, the NBA, NFL, NHL,...
Persistent link: https://www.econbiz.de/10010861699
The paper presents two building blocks for elaborating on a disequilibrium economics model that fits with empirical evidence of a European team sport (soccer) league where teams are win-maximizing and operate under a soft budget constraint. Going beyond the standard equilibrium model justifies...
Persistent link: https://www.econbiz.de/10010861691
A first European Conference in Sports Economics (ECSE) had been convened at the Centre d’Economie de la Sorbonne of the University Paris 1 Panthéon Sorbonne, September 14-15, 2009. Out of about 60 submitted papers, 32 had been selected and sampled into eight topics and sessions: the economics...
Persistent link: https://www.econbiz.de/10010615282