Chapter 1. Introduction -- Chapter 2. Use of empirical data to motivate the theoretical model. (new work) -- Chapter 3. A review of the two-team and N-team profit-maximizing model of a league -- Chapter 4. An exposition of the profit-maximizing league model with multiple equilibria. (some new...

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...

The passing premium puzzle states that NFL teams do not call enough passing plays, despite rule changes since the late 1970's that have increased the expected return to passing. This paper develops a simple portfolio model to determine how a coach could determine an optimal share of running and...

The posting system used in major league baseball to obtain free agent players from Japan has some similarities and many differences from the transfer system used to obtain foreign free agents in European football. This paper uses auction theory to assess the efficiencies (or lack of) in the...

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...

Canada’s national soccer team program has met with disappointing results in the qualifying rounds of play in the CONCACAF zone that lead to World Cup qualification. Canada has not appeared in the World Cup tournament since 1986 and more recent performances place Canada well down in the FIFA...

Canada's universities each receive an annual operating grant from their provincial government to partially finance operating expenses. This paper estimates the sensitivity of provincial operating grants to the business cycle by disentangling the effects of procyclical income on government...