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The paper presents an economic model of interaction between cricket boards, players and international club-line games sponsors like ICL or IPL. It attempts to capture the inherent conflict between such games and country-line games traditionally organized by cricket boards. It identifies the...
Persistent link: https://www.econbiz.de/10005082937
The paper presents an economic model of interaction between cricket boards, players and international club-line games sponsors like ICL or IPL. It attempts to capture the inherent conflict between such games and country-line games traditionally organized by cricket boards. It identifies the...
Persistent link: https://www.econbiz.de/10005083410
Using a dataset from consumption patterns in the island of Gran Canaria collected by the authors, this paper attempts to quantify some non-positive effects of tourism on local destination retail markets for goods and services. In particular, we empirically prove, controlling by factors such as...
Persistent link: https://www.econbiz.de/10010547999
Abstract: In the recent years, many clubs in the biggest European soccer leagues have run into debts. The sports economic literature provides several explanation for this development, e.g., the league structure (open versus closed league), club constitutions, ruinous rat races between clubs....
Persistent link: https://www.econbiz.de/10009351463
This article examines the creation of the first professional athletic labor market restriction over a century ago. In 1879, professional baseball club owners mutually agreed that each could reserve five players whom the others would not sign without permission, justifying the action by claiming...
Persistent link: https://www.econbiz.de/10009367760
The National Collegiate Athletic Association (NCAA) acts as a cartel with monopsony power in the market for student-athletes. This paper models the demand for student-athlete labor using a Mill-Edgeworth-Marshall reciprocal demand model. The reciprocal demand translates into a supply of...
Persistent link: https://www.econbiz.de/10010611191
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
This paper considers a multi-firm analysis of a cartel. It examines the individual owner's choice of labor, the primary factor of production, and the cartel's choice of revenue sharing and salary cap policies in both a profit maximizing model and a utility maximizing model. The effect of...
Persistent link: https://www.econbiz.de/10014195470
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/10014201434
Despite still being younger than a decade, the theory of multisided market has offered numerous valuable insights for the analysis of non-ordinary industries in which a supplier serves two distinct customer groups that are indirectly interrelated by externalities. Examples include payment...
Persistent link: https://www.econbiz.de/10014215581