| 书目名称 | The Run to the Pennant |
| 副标题 | A Multiple Equilibri |
| 编辑 | Duane W Rockerbie,Stephen T Easton |
| 视频video | |
| 概述 | Explores the effects of revenues that are earned at the league level (television, apparel, naming rights, etc.) that are then shared by all of the member clubs.Develops new models that can generate mu |
| 丛书名称 | Sports Economics, Management and Policy |
| 图书封面 |  |
| 描述 | .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 term "unsustainable runs", defined as a period of two to four seasons where the club acquires expensive talent and attempts to win a league championship despite not having the market size to sustain such a competitive position in the long run. The standard model predicts that clubs that locate in large economic markets will tend to acquire more talent, achieve more success on the field and at the box office than clubs that are located in small markets. This book builds a model that can allow unsustainable runs yet retains most of the features of the standard model. The model is then subjected to empirical verification. The new model we develop in the book has as its central feature the possibility of generating two equilibria for a club. In the empirical sections of the book, we use time-series analysis to attempt to test for the presence of unsustainable runs using historical data from |
| 出版日期 | Book 2014 |
| 关键词 | Major League Baseball; National Basketball Association; National Football League; economic markets; irra |
| 版次 | 1 |
| doi | https://doi.org/10.1007/978-1-4614-7885-0 |
| isbn_softcover | 978-1-4939-5297-7 |
| isbn_ebook | 978-1-4614-7885-0Series ISSN 2191-298X Series E-ISSN 2191-2998 |
| issn_series | 2191-298X |
| copyright | The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Science+Busines |
发表于 2025-3-21 19:39:54
