International Sports League Comparisons
Rodney Fort () and
Markus Lang ()
Additional contact information
Rodney Fort: Institute for Strategy and Business Economics, University of Zurich
No 144, Working Papers from University of Zurich, Institute for Strategy and Business Economics (ISU)
Comparisons between European and North American sports leagues have occurred over the years. In this paper, we attempt to bring these comparisons down to the essential elements -what has come to be called Rottenberg's (1956) invariance principle and theoretical insights into attempts to alter competitive balance using revenue sharing, talent drafts, and payroll caps. We also examine player reserve systems (the reserve clause in North American leagues and transfer restrictions in European leagues) and differences in objective functions (North American leagues are treated under profit maximization while European leagues are treated under utility maximization and win maximization). The focus is on model predictions compared to actual outcomes, and any differences between North America and Europe.
Keywords: Sports league; invariance principle; revenue sharing; talent draft; payroll cap (search for similar items in EconPapers)
JEL-codes: L83 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eur and nep-spo
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Working Paper: International Sports League Comparisons (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:iso:wpaper:0144
Access Statistics for this paper
More papers in Working Papers from University of Zurich, Institute for Strategy and Business Economics (ISU) Contact information at EDIRC.
Bibliographic data for series maintained by IBW IT ().