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

  • Wladimir Andreff

    ()

    (CES - Centre d'économie de la Sorbonne - CNRS : UMR8174 - Université Paris I - Panthéon-Sorbonne)

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    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 Both models are now outdated by a Nash equilibrium model which is briefly sketeched.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.

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    File URL: http://halshs.archives-ouvertes.fr/docs/00/67/74/36/PDF/xxx_Andreff_MK_eq_final_correct.pdf
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    Paper provided by HAL in its series Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) with number halshs-00677436.

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    Date of creation: 2011
    Date of revision:
    Publication status: Published, European Journal of Comparative Economics, 2011, 8, 1, 3-27
    Handle: RePEc:hal:cesptp:halshs-00677436
    Note: View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00677436
    Contact details of provider: Web page: http://hal.archives-ouvertes.fr/

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    18. Luigi Buzzacchi & Stefan Szymanski & Tommaso Valletti, 2003. "Equality of Opportunity and Equality of Outcome: Open Leagues, Closed Leagues and Competitive Balance *#We thank the Editor and an anonymous referee for helpful comments," Journal of Industry, Competition and Trade, Springer, vol. 3(3), pages 167-186, September.
    19. Simon Rottenberg, 1956. "The Baseball Players' Labor Market," Journal of Political Economy, University of Chicago Press, vol. 64, pages 242.
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