Competitive balance in football leagues when teams have different goals

被引:1
作者
Nicola Giocoli
机构
[1] University of Pisa Faculty of Law,Department of Economics
关键词
Team sports; Competitive balance; Revenue sharing; Salary cap; Asymmetric paternalism; D29; L21; L83;
D O I
10.1007/s12232-007-0022-5
中图分类号
学科分类号
摘要
In the standard two-team model of professional league sports it is shown that if teams have different objectives (the maximization of, respectively, wins and profits) the competitive balance conditions get worse with respect to the case when teams share the same goal. A similar, though less clear-cut, result obtains in the three-team setup. These outcomes call for policy measures to restore the balance. Three such measures are examined here: market-size-based revenue sharing, general salary cap and team-specific salary cap. It is shown that, contrary to the same-goal-for-all case, each of them may bring more intra-league competition. A ranking of the three measures is also suggested.
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页码:345 / 370
页数:25
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