Theory of the Perfect Game: Competitive Balance in Monopoly Sports Leagues
Theory of the Perfect Game: Competitive Balance in Monopoly Sports Leagues
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完美博弈论：垄断体育联盟中的竞争平衡
DOI：
10.1007/s11151-009-9202-7
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发表时间：
2009
影响因子：
1.1
通讯作者：
J. Vrooman
中科院分区：
文献类型：
--
作者：
J. Vrooman
基于体育所有者是利润最大化者的限制性假设，不变性命题认为收入分享对体育联盟的竞争平衡没有影响。如果所有者是最大化胜利的运动员，那么收入分享可以导致竞争平衡和更高的工资。运动员效应的证据是美国四大体育联盟中球员剥削的侵蚀，球员现在分享大约60%的收入。垄断性的权力侵蚀迫使体育联盟卡特尔利用法定的垄断权力进行媒体权利费和公共场地补贴的巨额交易。关于竞争平衡的新证据表明，无论有没有团队工资上限，收入分享都会增加平衡。最佳竞争平衡是一个经验问题，答案在于NFL的随机竞争和NBA的确定性王朝之间。
Based on the limiting assumption that sports owners are profit maximizers theinvariance propositionholds that revenue sharing has no impact on competitive balance in sports leagues. If owners are win-maximizing sportsmen instead, then revenue sharing can lead to increased competitive balance and higher payrolls. Evidence of thesportsman effectis provided by erosion of monopsonistic exploitation in the four major American sports leagues where players now share about 60% of revenues. Monopsony power erosion forces sports-league cartels to exploit statutory monopoly power in monster deals for media rights fees and public venue subsidies. New evidence on competitive balance suggests that revenue sharing leads to increased balance with or without team salary caps. Optimum competitive balance is an empirical question, and the answer lies between random competition of the NFL and deterministic dynasties of the NBA.