A power-law distribution for tenure lengths of sports managers

Toke Aidt, Bernard Leong, William C. Saslaw and Daniel Sgroi

Physica A: Statistical Mechanics and its Applications, 2006, vol. 370, issue 2, 697-703

Abstract: We show that the tenure lengths for managers of sport teams follow a power law distribution with an exponent between 2 and 3. We develop a simple theoretical model which replicates this result. The model demonstrates that the empirical phenomenon can be understood as the macroscopic outcome of pairwise interactions among managers in a league, threshold effects in managerial performance evaluation, competitive market forces, and luck at the microscopic level.

Keywords: Power-law distributions; Complexity; Tenure of managers; Managerial turnover; Competitive sports (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:370:y:2006:i:2:p:697-703

DOI: 10.1016/j.physa.2006.03.016

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