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The Department of Justice ("DOJ") monopoly report is enormously disappointing for a number of reasons. The Federal …
Persistent link: https://www.econbiz.de/10014213172
This paper examines whether the outcome bias harms price efficiency in betting exchange markets. In soccer, the match outcome is an unreliable performance measure, as it underestimates the high level of randomness involved in the sport. If bettors overestimate the importance of past match...
Persistent link: https://www.econbiz.de/10012820013
We evaluate the sporting effects of the seeding system reform in the major football club tournament -- the Champions … League -- organized by the Union of European Football Associations (UEFA). In the UEFA Champions League, before the 2015 …, the difference in the finalists' ratings, which is a measure of competitive balance, increased. The UEFA Europa League …
Persistent link: https://www.econbiz.de/10012996186
Persistent link: https://www.econbiz.de/10014391744
In the past few years, courts and the Department of Justice have cited approvingly the Court's dicta in Verizon Communications Inc. v. Law Offices of Curtis V. Trinko, LLP. This article analyzes why the economic thinking in Trinko is wrong, and how the Court ignores its precedent involving the...
Persistent link: https://www.econbiz.de/10014219087
show that the Chicago School Theory of a single monopoly surplus that justifies tying, bundling, and loyalty …
Persistent link: https://www.econbiz.de/10014187801
complement is a duopoly, whereas the other is a monopoly. In such framework, when products are highly di¤erentiated, the low …
Persistent link: https://www.econbiz.de/10014207353
The sport economic literature relies on the city size to proxy for the size of the home market of sports teams. This paper seeks to clarify whether the commonly used definition for home market size in sports economics is actually a valid measure for revenue potential in the modern digital age....
Persistent link: https://www.econbiz.de/10014225715
Football. One major conceptual controversy is concerned with the question whether fans have a stronger preference for (more …) games between the top teams over a broad participation of less well-known clubs representing more of the regions in Eu-rope … or vice versa. Since sports economics theory offers explanations for both views, this paper takes an empirical approach …
Persistent link: https://www.econbiz.de/10014078855
. The fear of the football associations, some journalists and fans is that a permanent financial and sporting imbalance will …
Persistent link: https://www.econbiz.de/10009271069