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Comment on Driskill and Vrooman.

Authors :
Madden, Paul
Source :
Journal of Sports Economics; Apr2017, Vol. 18 Issue 3, p271-281, 11p
Publication Year :
2017

Abstract

Driskill and Vrooman have recently provided an interesting argument for a Cournot-based approach to modeling duopsony sports leagues with perfectly inelastic talent supply (the usual assumption for major North American sports league), quite different from the suggestion made by this author (and others) that specifications where talent expenditures are strategic variables (rather than Cournot talent levels) are most appropriate for the context. This comment offers some clarifications and comparisons of the merits of the alternative approaches; they continue to point toward the talent expenditure approach as the most fruitful for the leagues under investigation and probably more generally. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
15270025
Volume :
18
Issue :
3
Database :
Complementary Index
Journal :
Journal of Sports Economics
Publication Type :
Academic Journal
Accession number :
122004233
Full Text :
https://doi.org/10.1177/1527002515574516