期刊名称：Discussion Paper Series / Economics Department, University of Swansea
出版年度：2004
卷号：1
出版社：University of Swansea
摘要：The North American model of resource allocation in professional sports leagues is adapted
for English (association) football. Comparisons are drawn between the equilibrium
allocations of playing talent under objective functions of profit maximisation and win percent
maximisation subject to a financial constraint. Empirical revenue functions are reported for
1926-1999. These indicate a shift in the composition of demand favouring big-city teams and
an increase in the sensitivity of revenue to performance. An analysis of match results in the
FA Cup suggests an increase in competitive imbalance between teams at different levels of
the league’s divisional hierarchy, as the theory suggests.
Loading...
