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The Peculiar Economics of Professional Sports

Walter C. Neale

The Quarterly Journal of Economics, 1964, vol. 78, issue 1, 1-14

Abstract: Louis-Schmelling paradox, 1. — The inverted joint product or the product joint, 2. — League standing effect, 3. — Fourth estate benefit, 3. — Multifirm plants, 5. — Diminishing quality returns, 8. — Input-enthusiasm effect, 8. — Roger Maris cobweb, 12. — Bobby Layne rigidity, 12. — Archie Moore invisibility, 13.

Date: 1964
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