Some comparative economics of the organization of sports: Competition and regulation in north American vs. European professional team sports leagues

Wladimir Andreff (1)

1 CES - Centre d'économie de la Sorbonne

The paper presents the differences between the design of a closed and an open team sports league. Then it compares the theoretical models of a closed league with profit maximizing clubs and an open league with win maximizing clubs. Both models are now outdated by a Nash equilibrium model which is briefly sketeched. In the case of open leagues, a disequilibrium model seems more appropriate and a first attempt at elaborating it are exhibited.

Mots clés: economics of sport; professional sports leagues; organization; competitive balance; competition; regulation; comparative economics

Domaines: Economies et finances

Wladimir Andreff. Some comparative economics of the organization of sports: Competition and regulation in north American vs. European professional team sports leagues. The European Journal of Comparative Economics, 2011, 8 (1), pp.3-27. ⟨halshs-00677436⟩