Add to ORKGThis paper studies the welfare effect of a percentage-of-revenue salary cap in a European context with win-maximizing clubs. It shows that a percentage-of-revenue cap increases competitive balance and decreases the overall salary payments in the league, therefore contributing to financial stability. A percentage-of-revenue cap will always increase social welfare if the weight on aggregate club surplus in the welfare function is sufficiently high. Additionally, if fans’ preferences for aggregate talent are sufficiently high then the percentage-of-revenue cap will also increase social welfare; no matter how much weight the league puts on financial stability.Salary Caps, Social Welfare, Competitive Balance, Team Sports League
This paper will look at the business side of football, how clubs generate income, how income is dist...
The organisers of most professional sports leagues now employ one or more forms of policy interventi...
The organisers of most professional sports leagues now employ one or more forms of policy interventi...
A wide range of literature which discusses the impact of the chosen objective function on competitiv...
This paper provides a theoretical model of a team sports league and studies the welfare effect of sa...
We employ a model of n heterogenous profit-maximizing clubs to analyze the impact of revenue sharing...
This article provides a standard "Fort and Quirk"-style model of a professional team sports league a...
We employ a model of n heterogenous profit-maximizing clubs to analyze the impact of revenue sharing...
This article develops a game-theoretical model to analyze the effect of subsidies on player salaries...
This article develops a game-theoretical model to analyze the effect of subsidies on player salaries...
This article develops a game-theoretical model to analyze the effect of subsidies on player salaries...
Profitable and balanced domestic league sports are among the central prerequisites for attracting th...
This paper is the first to assess empirically the relative competitive balance between large and sma...
European association football’s domination by a select few teams with the plentiful resources to buy...
This paper aimed to investigate the potential impacts that implementing a salary cap, as currently u...
This paper will look at the business side of football, how clubs generate income, how income is dist...
The organisers of most professional sports leagues now employ one or more forms of policy interventi...
The organisers of most professional sports leagues now employ one or more forms of policy interventi...
A wide range of literature which discusses the impact of the chosen objective function on competitiv...
This paper provides a theoretical model of a team sports league and studies the welfare effect of sa...
We employ a model of n heterogenous profit-maximizing clubs to analyze the impact of revenue sharing...
This article provides a standard "Fort and Quirk"-style model of a professional team sports league a...
We employ a model of n heterogenous profit-maximizing clubs to analyze the impact of revenue sharing...
This article develops a game-theoretical model to analyze the effect of subsidies on player salaries...
This article develops a game-theoretical model to analyze the effect of subsidies on player salaries...
This article develops a game-theoretical model to analyze the effect of subsidies on player salaries...
Profitable and balanced domestic league sports are among the central prerequisites for attracting th...
This paper is the first to assess empirically the relative competitive balance between large and sma...
European association football’s domination by a select few teams with the plentiful resources to buy...
This paper aimed to investigate the potential impacts that implementing a salary cap, as currently u...
This paper will look at the business side of football, how clubs generate income, how income is dist...
The organisers of most professional sports leagues now employ one or more forms of policy interventi...
The organisers of most professional sports leagues now employ one or more forms of policy interventi...