The Run to the Pennant: A Multiple Equilibria Approach to Professional Sports Leagues
Gespeichert in:
Hauptverfasser: | , |
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Format: | Elektronisch E-Book |
Sprache: | German |
Veröffentlicht: |
New York, NY
Springer New York
2014
|
Schriftenreihe: | Sports Economics, Management and Policy
5 |
Online-Zugang: | DE-522 DE-634 DE-Aug4 DE-573 DE-M347 DE-92 DE-898 DE-859 DE-1049 DE-861 DE-863 DE-862 DE-2070s DE-473 DE-19 DE-703 DE-706 DE-739 Volltext Volltext Inhaltsverzeichnis Abstract |
Beschreibung: | 1 Online-Ressource |
ISBN: | 9781461478850 |
DOI: | 10.1007/978-1-4614-7885-0 |
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Datensatz im Suchindex
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adam_text |
THE RUN TO THE PENNANT
/ ROCKERBIE, DUANE W.
: 2014
TABLE OF CONTENTS / INHALTSVERZEICHNIS
CHAPTER 1. INTRODUCTION
CHAPTER 2. USE OF EMPIRICAL DATA TO MOTIVATE THE THEORETICAL MODEL. (NEW
WORK)
CHAPTER 3. A REVIEW OF THE TWO-TEAM AND N-TEAM PROFIT-MAXIMIZING MODEL
OF A LEAGUE
CHAPTER 4. AN EXPOSITION OF THE PROFIT-MAXIMIZING LEAGUE MODEL WITH
MULTIPLE EQUILIBRIA. (SOME NEW WORK)
CHAPTER 5. ROLES FOR POLICY IN THE PRESENCE OF MULTIPLE EQUILIBRIA. (NEW
WORK)
CHAPTER 6. EMPIRICAL TESTS FOR MULTIPLE EQUILIBRIA IN SPORTS LEAGUES
(NEW WORK)
CHAPTER 7. CONCLUDING THOUGHTS AND SUGGESTIONS FOR FUTURE WORK
DIESES SCHRIFTSTUECK WURDE MASCHINELL ERZEUGT.
THE RUN TO THE PENNANT
/ ROCKERBIE, DUANE W.
: 2014
ABSTRACT / INHALTSTEXT
ANUMBER OF CLUBS IN PROFESSIONAL SPORTS LEAGUES EXHIBIT WINNING
STREAKS OVER A NUMBER OF CONSECUTIVE SEASONS THAT DO NOT CONFORM TO THE
STANDARD ECONOMIC MODEL OF A PROFESSIONAL SPORTS LEAGUE DEVELOPED BY EL
HODIRI AND QUIRK (1994) AND FORT AND QUIRK (1995). THESE CLUBS APPEAR TO
DISPLAY WHAT WE TERM "UNSUSTAINABLE RUNS", DEFINED AS A PERIOD OF TWO TO
FOUR SEASONS WHERE THE CLUB ACQUIRES EXPENSIVE TALENT AND ATTEMPTS TO
WIN A LEAGUE CHAMPIONSHIP DESPITE NOT HAVING THE MARKET SIZE TO SUSTAIN
SUCH A COMPETITIVE POSITION IN THE LONG RUN. THE STANDARD MODEL PREDICTS
THAT CLUBS THAT LOCATE IN LARGE ECONOMIC MARKETS WILL TEND TO ACQUIRE
MORE TALENT, ACHIEVE MORE SUCCESS ON THE FIELD AND AT THE BOX OFFICE
THAN CLUBS THAT ARE LOCATED IN SMALL MARKETS. THIS BOOK BUILDS A MODEL
THAT CAN ALLOW UNSUSTAINABLE RUNS YET RETAINS MOST OF THE FEATURES OF
THE STANDARD MODEL. THE MODEL IS THEN SUBJECTED TO EMPIRICAL
VERIFICATION. THE NEW MODEL WE DEVELOP IN THE BOOK HAS AS ITS CENTRAL
FEATURE THE POSSIBILITY OF GENERATING TWO EQUILIBRIA FOR A CLUB. IN THE
EMPIRICAL SECTIONS OF THE BOOK, WE USE TIME-SERIES ANALYSIS TO ATTEMPT
TO TEST FOR THE PRESENCE OF UNSUSTAINABLE RUNS USING HISTORICAL DATA
FROM NATIONAL FOOTBALL LEAGUE (NFL), NATIONAL BASKETBALL ASSOCIATION
(NBA), NATIONAL HOCKEY LEAGUE (NHL) AND MAJOR LEAGUE BASEBALL (MLB).
THE MULTIPLE EQUILIBRIA MODEL RETAINS ALL OF THE FEATURES OF THE
STANDARD MODEL OF A PROFESSIONAL SPORTS LEAGUE THAT IS ACCEPTED QUITE
UNIVERSALLY BY ECONOMISTS, YET IT OFFERS A MUCH RICHER APPROACH BY
INCLUDING AN EXPLORATION OF THE EFFECTS OF REVENUES THAT ARE EARNED AT
THE LEAGUE LEVEL (TELEVISION, APPAREL, NAMING RIGHTS, ETC.) THAT ARE
THEN SHARED BY ALL OF THE MEMBER CLUBS, MAKING THIS BOOK UNIQUE AND OF
GREAT INTEREST TO SCHOLARS IN A VARIETY OF FIELDS IN ECONOMICS
DIESES SCHRIFTSTUECK WURDE MASCHINELL ERZEUGT. |
any_adam_object | 1 |
author | Rockerbie, Duane Easton, Stephen T. |
author_GND | (DE-588)171116267 (DE-588)170262294 |
author_facet | Rockerbie, Duane Easton, Stephen T. |
author_role | aut aut |
author_sort | Rockerbie, Duane |
author_variant | d r dr s t e st ste |
building | Verbundindex |
bvnumber | BV041478654 |
collection | ZDB-2-SBE |
ctrlnum | (OCoLC)859010218 (DE-599)DNB1037394011 |
dewey-full | 796 |
dewey-hundreds | 700 - The arts |
dewey-ones | 796 - Athletic and outdoor sports and games |
dewey-raw | 796 |
dewey-search | 796 |
dewey-sort | 3796 |
dewey-tens | 790 - Recreational and performing arts |
discipline | Sport Wirtschaftswissenschaften |
doi_str_mv | 10.1007/978-1-4614-7885-0 |
format | Electronic eBook |
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series | Sports Economics, Management and Policy |
series2 | Sports Economics, Management and Policy |
spellingShingle | Rockerbie, Duane Easton, Stephen T. The Run to the Pennant A Multiple Equilibria Approach to Professional Sports Leagues Sports Economics, Management and Policy |
title | The Run to the Pennant A Multiple Equilibria Approach to Professional Sports Leagues |
title_auth | The Run to the Pennant A Multiple Equilibria Approach to Professional Sports Leagues |
title_exact_search | The Run to the Pennant A Multiple Equilibria Approach to Professional Sports Leagues |
title_full | The Run to the Pennant A Multiple Equilibria Approach to Professional Sports Leagues Duane W. Rockerbie ; Stephen T. Easton |
title_fullStr | The Run to the Pennant A Multiple Equilibria Approach to Professional Sports Leagues Duane W. Rockerbie ; Stephen T. Easton |
title_full_unstemmed | The Run to the Pennant A Multiple Equilibria Approach to Professional Sports Leagues Duane W. Rockerbie ; Stephen T. Easton |
title_short | The Run to the Pennant |
title_sort | the run to the pennant a multiple equilibria approach to professional sports leagues |
title_sub | A Multiple Equilibria Approach to Professional Sports Leagues |
url | https://doi.org/10.1007/978-1-4614-7885-0 https://nbn-resolving.org/urn:nbn:de:1111-20130724353 http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=026924677&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=026924677&sequence=000003&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA |
volume_link | (DE-604)BV037225336 |
work_keys_str_mv | AT rockerbieduane theruntothepennantamultipleequilibriaapproachtoprofessionalsportsleagues AT eastonstephent theruntothepennantamultipleequilibriaapproachtoprofessionalsportsleagues |