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007 cr nn 008mamaa
008 150903s2014 xxu| o |||| 0|eng d
020 _a9781461478850
_99781461478850
024 7 _a10.1007/9781461478850
_2doi
035 _avtls000342321
039 9 _a201509030851
_bVLOAD
_c201405050242
_dVLOAD
_y201402061123
_zstaff
040 _aMX-SnUAN
_bspa
_cMX-SnUAN
_erda
050 4 _aHB71-74
100 1 _aRockerbie, Duane W.
_eautor
_9320736
245 1 4 _aThe Run to the Pennant :
_bA Multiple Equilibria Approach to Professional Sports Leagues /
_cby Duane W Rockerbie, Stephen T Easton.
264 1 _aNew York, NY :
_bSpringer New York :
_bImprint: Springer,
_c2014.
300 _avI, 78 páginas 20 ilustraciones, 9 ilustraciones en color.
_brecurso en línea.
336 _atexto
_btxt
_2rdacontent
337 _acomputadora
_bc
_2rdamedia
338 _arecurso en línea
_bcr
_2rdacarrier
347 _aarchivo de texto
_bPDF
_2rda
490 0 _aSports Economics, Management and Policy,
_x2191-298X ;
_v5
500 _aSpringer eBooks
505 0 _aChapter 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.
520 _aA number 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.
590 _aPara consulta fuera de la UANL se requiere clave de acceso remoto.
710 2 _aSpringerLink (Servicio en línea)
_9299170
776 0 8 _iEdición impresa:
_z9781461478843
700 1 _9313767
_aEaston, Stephen.
_eautor
856 4 0 _uhttp://remoto.dgb.uanl.mx/login?url=http://dx.doi.org/10.1007/978-1-4614-7885-0
_zConectar a Springer E-Books (Para consulta externa se requiere previa autentificación en Biblioteca Digital UANL)
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