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Many major sports leagues are characterized by a combination of cross-subsidization mechanisms like revenue-sharing arrangements and payroll restrictions. Up to now, the effects of these policy tools have only been analyzed separately. This article provides a theoretical model of a team sports...
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This paper develops a model of a professional sports league with network externalities by integrating the theory of two …
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This paper outlines how the theory of contests is applied to professional team sports leagues. In the first part, we … applications of contest theory in sports. In particular, we will show how the Tullock framework is applied to models of team sports …
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