The grouping of the stars: an application to professional sports
Article Abstract:
A study has been conducted to develop an entry model of professional sports markets incorporating this competition for star athletes which endogenizes the cost of quality. The improvement in product quality can be equated to the increase in the number of star athletes in a league. This leads to an increase in the cost of production. In professional sports, competition for stars determines the cost of hiring a star athlete, and the marginal cost of improving quality become endogenous.
Publication Name: International Journal of Industrial Organization
Subject: Business, international
ISSN: 0167-7187
Year: 1999
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Inter-league competition for talent vs. competitive balance
Article Abstract:
The differences in the revenue sharing models for TV rights are examined using the examples of the full revenue sharing US sports league and the performance-based reward sharing of the European football leagues.
Publication Name: International Journal of Industrial Organization
Subject: Business, international
ISSN: 0167-7187
Year: 2004
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Delegation versus an approval process and the demand for talent
Article Abstract:
Use of delegation and approval process for analyzing the behavior of an informed agent is presented. Demand for talent under both the proposed rules is analyzed.
Publication Name: International Journal of Industrial Organization
Subject: Business, international
ISSN: 0167-7187
Year: 2006
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