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Some comparative economics of the organization of sports: Competition and regulation in north American vs. European professional team sports leagues

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  • Wladimir Andreff

    () (CES - Centre d'économie de la Sorbonne - CNRS - Centre National de la Recherche Scientifique - UP1 - Université Panthéon-Sorbonne)

Abstract

The paper presents the differences between the design of a closed and an open team sports league. Then it compares the theoretical models of a closed league with profit maximizing clubs and an open league with win maximizing clubs. Both models are now outdated by a Nash equilibrium model which is briefly sketeched. In the case of open leagues, a disequilibrium model seems more appropriate and a first attempt at elaborating it are exhibited.

Suggested Citation

  • Wladimir Andreff, 2011. "Some comparative economics of the organization of sports: Competition and regulation in north American vs. European professional team sports leagues," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00677436, HAL.
  • Handle: RePEc:hal:cesptp:halshs-00677436
    Note: View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-00677436
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    References listed on IDEAS

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    Keywords

    economics of sport; professional sports leagues; organization; competitive balance; competition; regulation; comparative economics;

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