This paper uses a simple approach to address the issue of how revenue sharing in professional sports leagues can affect the allocation of free agent players to teams. To affect the allocation of free agents, the imposition of revenue sharing must alter the ranking of bidding teams in terms of...

Alcohol policies encounter major problems because of the lack of consensus within and between jurisdictions. Tools that economists have developed in other contexts may be of use in addressing these problems. The consensus between neighboring jurisdictions can be facilitated when a jurisdiction...

Major League Baseball (MLB) rules restrict the movement of any franchise into another’s territory. These territorial rules are designed to protect each team’s potential local revenue sources as well as to provide stability throughout the league. Recently, Major League Baseball approved...

This paper considers the changes in revenue sharing that occurred prior to the 2007 season and its effects on parity via its effects on marginal revenues. Based on the results from an empirical specification for team revenue, we find evidence that the reduction in revenue sharing increased...

This paper analyses the current state of the renewable energy in Croatia and proposes what can be done to speed up the process of transition towards the increase in consumption of renewable energy in Croatia. The process of transition is analyzed from the perspective of three main participants...

This paper examines the China’s coal chemical strategy. As a part of national energy strategy, China’s coal chemical industry induces conflicts on technical level, economic level and policy level. The analysis of this paper is under the policy framework and discusses the causes and effects...

The expansion of wind-generation in the United States poses significant challenges to policy-makers, particularly because wind’s intermittency and unpredictability can exacerbate problems of congestion on a transmission constrained grid. Understanding these issues is necessary if optimal...

This paper uses a sample of 36 countries for the time period 1990-2011 in order to examine the relationship between countries’ electricity consumption from renewable sources and Gross Domestic Product (GDP) levels. Several nonparametric techniques are applied to investigate the effect of...

Abstract. The credit market collapse and housing-led economic recession beginning in 2007-2008 have resulted in several million distressed homes in the U.S. that are in various stages of delinquency, default, and foreclosure. Over the past three to four years, a number of private equity...

This article aims to examine the conditions in which technological innovation can foster and promote sustainable development. It takes into account all forms of technological innovation potential for sustainable development: process innovations, product innovations, organizational innovations,...