Publication
Title
Competitive balance in team sports and the impact of revenue sharing: a survey of the economic theory
Author
Abstract
In this paper, we present a survey of the main results from economic theory regarding the variables that affect the competitive balance in a professional sports league and the impact of revenue sharing. The generally accepted proposition that revenue sharing does not affect the competitive balance in a profit maximizing league has been challenged by many. It is shown that the competitive balance and the impact of revenue sharing do not only depend on the relative size of the market of the clubs, but that they are also affected by the objectives of the club owners and the importance to spectators of absolute team quality and uncertainty of outcome. Also the clubs' hiring strategies, including the talent supply conditions, turn out to be important elements affecting competitive balance and the impact of revenue sharing.
Language
English
Source (series)
Research paper / Ua, Faculty of Applied Economics ; 2005:19
Publication
Antwerp : UA, 2005
Volume/pages
27 p.
Full text (open access)
UAntwerpen
Faculty/Department
Research group
Publication type
Subject
Affiliation
Publications with a UAntwerp address
External links
Record
Identification
Creation 08.10.2008
Last edited 23.12.2015
To cite this reference