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Professional sports leagues have witnessed the appearance of so-called "sugar daddies" - people who invest enormous amounts of money into clubs and become their owners. This paper presents a contest model of a professional sports league that incorporates this phenomenon. We analyze how the...
Persistent link: https://www.econbiz.de/10008876695
This paper develops a contest model of a professional sports league in which clubs maximize a weighted sum of profits and wins (utility maximization). The model analyzes how more win-orientated behavior of certain clubs affects talent investments, competitive balance and club profits. Moreover,...
Persistent link: https://www.econbiz.de/10008685084
This paper develops a contest model of a professional sports league in which clubs maximize a weighted sum of profits and wins (utility maximization). The model analyzes how more win-oriented behavior of certain clubs affects talent investments, competitive balance and club profits. Moreover, in...
Persistent link: https://www.econbiz.de/10010739910
This paper develops a model of a professional sports league with network externalities by integrating the theory of two-sided markets into a contest model. In professional team sports, the competition of the clubs functions as a platform that enables sponsors to interact with fans. In these...
Persistent link: https://www.econbiz.de/10010739922
aggregate salary payments. Taking into account the idiosyncrasies of European football, our paper further highlights the …
Persistent link: https://www.econbiz.de/10010739925
Professional sports leagues have witnessed the appearance of so-called "sugar daddies" - people who invest enormous amounts of money into clubs and become their owners. This paper presents a contest model of a professional sports league that incorporates this phenomenon. We analyze how the...
Persistent link: https://www.econbiz.de/10010739927
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...
Persistent link: https://www.econbiz.de/10010570337
This paper develops a model of a professional sports league with network externalities by integrating the theory of two-sided markets into a contest model. In professional team sports, leagues function as a platform that enables sponsors to interact with fans. In these league-mediated...
Persistent link: https://www.econbiz.de/10008631529
Introduzione – 1. Sport & televisione: la letteratura economica - 2. Il calcio e la televisione in Italia: una breve sintesi storica - 3. L’audience televisiva: una analisi empirica - 4. I risultati della stima - 5. Conclusioni
Persistent link: https://www.econbiz.de/10008475948
Professional sports leagues have witnessed the appearance of so-called "sugar daddies" - people who invest enormous amounts of money into clubs and become their owners. This paper presents a contest model of a professional sports league that incorporates this phenomenon. We analyze how the...
Persistent link: https://www.econbiz.de/10008542524