Competition in Soccer Leagues
Publikation: Working paper › Forskning
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Competition in Soccer Leagues. / Hansen, Bodil Olai; Tvede, Mich.
Department of Economics, University of Copenhagen, 2007.Publikation: Working paper › Forskning
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TY - UNPB
T1 - Competition in Soccer Leagues
AU - Hansen, Bodil Olai
AU - Tvede, Mich
N1 - JEL Classification: C72, D21, L83
PY - 2007
Y1 - 2007
N2 - In the present paper a model of competition between sports clubs in a sports league is presented. Clubs are endowed with initial players but at a cost clubs are able to sell their initial players and buy new players. The results are that: if the quality of players is one-dimensional, then equilibria in pure strategies exist, and; if the quality of players is multi-dimensional, then there need not exist equilibria in pure strategies, but equilibria in mixed strategies exist. Equilibria in mixed strategies resemblance signings on deadline day in european soccer
AB - In the present paper a model of competition between sports clubs in a sports league is presented. Clubs are endowed with initial players but at a cost clubs are able to sell their initial players and buy new players. The results are that: if the quality of players is one-dimensional, then equilibria in pure strategies exist, and; if the quality of players is multi-dimensional, then there need not exist equilibria in pure strategies, but equilibria in mixed strategies exist. Equilibria in mixed strategies resemblance signings on deadline day in european soccer
KW - Faculty of Social Sciences
KW - dimension of quality of players
KW - competition between sports clubs
KW - equilibrium in pure strategies
KW - equilibrium in mixed strategies
M3 - Working paper
BT - Competition in Soccer Leagues
PB - Department of Economics, University of Copenhagen
ER -
ID: 1677715