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About Economics of Sport John Goddard and Peter J Sloane
This document discusses the economics of professional sports, comparing the models in North America and Europe. In North America, leagues function as closed cartels with fixed franchises and revenue sharing. In Europe, there is greater imbalance from smaller markets, player trading, and promotion/relegation between leagues. The objectives of team owners (profit vs utility maximization) and leagues' role in maintaining competitive balance are examined.
Detailed Information
| Author: | ['Jean-Paul Moubarak'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 35 |
| Language: | English |
| Format: | |
| Price: | FREE |
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