TY - UNPB
T1 - Competition in Soccer Leagues
AU - Olai Hansen, Bodil
AU - Tvede, Mich
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 just before the transfer window closes in european soccer. competition between sports clubs, dimension of quality of players, equilibrium in pure strategies, equilibrium in mixed strategies.
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 just before the transfer window closes in european soccer. competition between sports clubs, dimension of quality of players, equilibrium in pure strategies, equilibrium in mixed strategies.
KW - Competition between sports clubs
KW - Competition between sport clubs
KW - Dimension of quality of players
KW - Equilibrium in pure strategies
KW - Equilibrium in mixed strategies
KW - Competition between sports clubs
KW - Dimension of quality of players
KW - Equilibrium in pure strategies
KW - Equilibrium in mixed strategies
M3 - Working paper
T3 - Working Paper / Department of Economics. Copenhagen Business School
BT - Competition in Soccer Leagues
PB - Department of Economics. Copenhagen Business School
CY - Frederiksberg
ER -