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Revenue sharing and competitive balance: does the invariance proposition hold?
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| Abstract |
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| This short paper, challenging the so-called invariance proposition, argues that, for a general n-team model with profit maximizing clubs and concave revenue functions, there are reasons to believe that revenue sharing can worsen the competitive balance among teams in a professional sports league. If clubs are win maximizers, revenue sharing improves the competitive balance. |
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English
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Research paper / UA, Faculty of Applied Economics UFSIA-RUCA ; 2003:21 | |
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Antwerp : UA, 2003
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15 p.
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| Full text (open access) |
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