A Multiple Equilibria Approach to Professional Sports Leagues
by
Duane W Rockerbie, Stephen T Easton
Language: English
Release Date: July 23, 2013
A number of clubs in professional sports leagues exhibit winning streaks over a number of consecutive seasons that do not conform to the standard economic model of a professional sports league developed by El Hodiri and Quirk (1994) and Fort and Quirk (1995). These clubs appear to display what we...