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Competition in Soccer Leagues

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Author Info

  • Bodil Olai Hansen

    (Copenhagen Business School)

  • Mich Tvede

    (Department of Economics, University of Copenhagen)

Abstract

In the present paper a model of competition between sports clubs in a sports league is presented. Clubs are endowed with initial players but at a cost clubs are able to sell their initial players and buy new players. The results are that: if the quality of players is one-dimensional, then equilibria in pure strategies exist, and; if the quality of players is multi-dimensional, then there need not exist equilibria in pure strategies, but equilibria in mixed strategies exist. Equilibria in mixed strategies resemblance signings on deadline day in european soccer.

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File URL: http://www.econ.ku.dk/english/research/publications/wp/2007/0731.pdf/
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Bibliographic Info

Paper provided by University of Copenhagen. Department of Economics in its series Discussion Papers with number 07-31.

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Length: 10 pages
Date of creation: Nov 2007
Date of revision:
Handle: RePEc:kud:kuiedp:0731

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Related research

Keywords: competition between sports clubs; dimension of quality of players; equilibrium in pure strategies; equilibrium in mixed strategies;

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