This Game is Being Played Under Protest
Jason Winfree
International Journal of Sport Finance, 2015, vol. 10, issue 1, 88-100
Abstract:
Madden (in press) hopes that it is “Game Over” regarding the “Walrasian Fixed Supply Conjecture” and “Contest-Nash” solutions. In this paper, I argue that framing the debate as such misses the point of Winfree and Fort (2012). Furthermore, Madden (in press) argues that under certain assumptions, which need to be made, the model that follows was previously given in Madden (2011). However, I argue that Madden (2011) is one of many models that might follow and his assumptions do not hold in all leagues.
Keywords: sports leagues; modeling (search for similar items in EconPapers)
JEL-codes: L83 (search for similar items in EconPapers)
Date: 2015
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International Journal of Sport Finance is currently edited by Arne Feddersen, Babatunde Buraimo, Joachim Prinz and Jane Ruseski
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