OVERINVESTMENT IN TEAM SPORTS LEAGUES: A CONTEST THEORY MODEL
نویسندگان
چکیده
منابع مشابه
Contest Theory and its Applications in Sports
This paper outlines how the theory of contests is applied to professional team sports leagues. In the first part, we present the traditional Tullock contest and explain some basic properties of the equilibrium. We will then extend this static contest to a two-period model in order to analyze dynamic aspects of contests. In the second part, we will present applications of contest theory in sport...
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ژورنال
عنوان ژورنال: Scottish Journal of Political Economy
سال: 2008
ISSN: 0036-9292,1467-9485
DOI: 10.1111/j.1467-9485.2008.00457.x