Effects of a uniform relative emission standard in a professional team sports league
Kazuhiko Kato ()
MPRA Paper from University Library of Munich, Germany
Abstract:
This study theoretically examines whether a uniform relative emission standard improves a professional sports team's competitive balance and social welfare in a professional league. Our study shows that there are cases where tightening (resp. relaxing) such standards can improve competitive balance when the differences between the abatement cost conditions of different clubs are sufficiently small (resp. large). Social welfare improves when the standard is slightly tougher than an unregulated emission level standard. Furthermore, social welfare also improves when the standard set to a zero-emission level is slightly relaxed.
Keywords: Competitive balance; emission standard; professional team sports league; welfare analysis (search for similar items in EconPapers)
JEL-codes: Q50 Z00 (search for similar items in EconPapers)
Date: 2023-04-10
New Economics Papers: this item is included in nep-ene, nep-env and nep-spo
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:117009
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