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Équilibre compétitif et contrainte budgétaire dans une ligue de sport professionnel

Author

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  • Wladimir Andreff

Abstract

American modelling of competitive balance in professional team sports leagues is unsuited to analyse European football. It objects pro-competitive balance regulation as being non Walrasian when teams are profit maximising. Testing the model comes out with mitigated results. Such approach has recently been outdated by models with win maximising clubs under a budget constraint and a flexible supply of talent in a non cooperative game. This article ploughs into three research paths suggesting the introduction of a sport contention variable; advocating for a disequilibrium model where clubs would have a “soft” budget constraint rooted in their weak governance; and it empirically tests a vicious circle between tv rights revenues and wages in French football. Classification JEL : L83, L21, J42, J31, G30.

Suggested Citation

  • Wladimir Andreff, 2009. "Équilibre compétitif et contrainte budgétaire dans une ligue de sport professionnel," Revue économique, Presses de Sciences-Po, vol. 60(3), pages 591-633.
  • Handle: RePEc:cai:recosp:reco_603_0591
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    Citations

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    Cited by:

    1. Wladimir Andreff (ed.), 2011. "Contemporary Issues in Sports Economics," Books, Edward Elgar Publishing, number 14146, April.
    2. Bouvet, Patrick, 2011. "Que valent les compétitions sportives? Une nouvelle piste de réflexion," L'Actualité Economique, Société Canadienne de Science Economique, vol. 87(2), pages 205-222, juin.
    3. Wladimir Andreff & Gaël Raballand, 2011. "Is European Football’s Future to Become a Boring Game?," Chapters,in: Contemporary Issues in Sports Economics, chapter 8 Edward Elgar Publishing.
    4. Scelles, Nicolas & Duran, Christophe & Bonnal, Liliane & Goyeau, Daniel & Andreff, Wladimir, 2016. "Do all sporting prizes have a significant positive impact on attendance in a European national football league? Competitive intensity in the French Ligue 1," Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 3, pages 82-107, June.

    More about this item

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • J42 - Labor and Demographic Economics - - Particular Labor Markets - - - Monopsony; Segmented Labor Markets
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General

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