Showing 1 - 7 of 7
Motivated by increasing supporter involvement in club governance in English football, the paper presents a simple model of a sports league in which club objectives are utility functions defined over profits, win percentages and fan (=supporter) welfare, formalising a seminal suggestion of Sloane...
Persistent link: https://www.econbiz.de/10010277927
This paper attempts to investigate empirically the strength of intra-city football club support and seeks to test the commonly held belief among the sports community that supporters will not switch allegiance between city rivals very readily. To test this phenomenon data on the attendances of...
Persistent link: https://www.econbiz.de/10010277883
Using a data base of the movements of over two thousand professional footballers in the top two divisions of the English Football League between 1969 and 1995, this article examines the impact on talent distribution through the movement of players after gate-revenue sharing was abandoned in this...
Persistent link: https://www.econbiz.de/10010277910
We show that equilibrium involuntary unemployment emerges in a multi-stage game model where all market power resides with firms, on both the labour and the output market. Firms decide wages, employment, output and prices, and under constant returns there exists a continuum of subgame perfect...
Persistent link: https://www.econbiz.de/10010291913
We consider a multi-sector overlapping generations model with imperfectly competitive firms in the output markets and wage setting trade unions in the labour markets. A coordination problem between firms creates multiple temporary equilibria which are either Walrasian or of the Keynesian...
Persistent link: https://www.econbiz.de/10010292404
We consider a labour market model of oligopsonistic wage competition and show that there is a holdup problem although workers do not have any bargaining power. When a firm invests more, it pays a higher wage in order to attract workers from competitors. Because workers participate in the returns...
Persistent link: https://www.econbiz.de/10010267488
Two firms choose locations (non-wage job characteristics) on the interval [0,1] prior to announcing wages at which they employ workers who are uniformly distributed; the (constant) marginal revenue products of workers may differ. Subgame perfect equilibria of the two-stage location-wage game are...
Persistent link: https://www.econbiz.de/10010268815