The grouping of the stars: an application to professional sports

Article Abstract:

A study has been conducted to develop an entry model of professional sports markets incorporating this competition for star athletes which endogenizes the cost of quality. The improvement in product quality can be equated to the increase in the number of star athletes in a league. This leads to an increase in the cost of production. In professional sports, competition for stars determines the cost of hiring a star athlete, and the marginal cost of improving quality become endogenous.

Professional Sports, Analysis, Competition (Economics), Economic aspects, Product development

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Inter-league competition for talent vs. competitive balance

Article Abstract:

The differences in the revenue sharing models for TV rights are examined using the examples of the full revenue sharing US sports league and the performance-based reward sharing of the European football leagues.

Public affairs, Professional Football, Profit Sharing, Methods, Competitions, Football (Professional), Media coverage, Broadcasting rights

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Delegation versus an approval process and the demand for talent

Article Abstract:

Use of delegation and approval process for analyzing the behavior of an informed agent is presented. Demand for talent under both the proposed rules is analyzed.

United States, Science & research, Personnel administration, Behavior Theory, Research, Usage, Human resource management, Human behavior, Company personnel management, Businesspeople, Skilled labor, Entrepreneurship, Human acts, Human behaviour, Entrepreneurs, Skilled labour, Decision analysis

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