{"title":"价值最大化的足球俱乐部","authors":"A. Prinz, Stefan Thiem","doi":"10.1111/SJPE.12282","DOIUrl":null,"url":null,"abstract":"Professional team sports, and in particular European club football, provide a unique framework for studying the essence of economic behavior. The league structure can be interpreted as a market in which teams compete with each other by creating highlevel entertainment in a kind of “cooperative competition”. The most crucial factors of production are the athletes who play the game, in combination with the respective club managers. Several aspects of football economics have already been analyzed in the literature. These include profitmaximization versus winningpercentage maximization (see e.g., GarciadelBarrio & Szymanski, 2009), the effects of salary caps (Késenne, 2000a), revenue sharing (Grossmann et al., 2010; Késenne, 2000b, 2004), as well as the combination of revenue sharing and salary caps (Dietl, Grossmann, et al., 2011; Dietl, Lang, et al., 2011), Accepted: 5 May 2021","PeriodicalId":47171,"journal":{"name":"Scottish Journal of Political Economy","volume":" ","pages":""},"PeriodicalIF":0.9000,"publicationDate":"2021-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/SJPE.12282","citationCount":"2","resultStr":"{\"title\":\"Value‐maximizing football clubs\",\"authors\":\"A. Prinz, Stefan Thiem\",\"doi\":\"10.1111/SJPE.12282\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Professional team sports, and in particular European club football, provide a unique framework for studying the essence of economic behavior. The league structure can be interpreted as a market in which teams compete with each other by creating highlevel entertainment in a kind of “cooperative competition”. The most crucial factors of production are the athletes who play the game, in combination with the respective club managers. Several aspects of football economics have already been analyzed in the literature. These include profitmaximization versus winningpercentage maximization (see e.g., GarciadelBarrio & Szymanski, 2009), the effects of salary caps (Késenne, 2000a), revenue sharing (Grossmann et al., 2010; Késenne, 2000b, 2004), as well as the combination of revenue sharing and salary caps (Dietl, Grossmann, et al., 2011; Dietl, Lang, et al., 2011), Accepted: 5 May 2021\",\"PeriodicalId\":47171,\"journal\":{\"name\":\"Scottish Journal of Political Economy\",\"volume\":\" \",\"pages\":\"\"},\"PeriodicalIF\":0.9000,\"publicationDate\":\"2021-06-03\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"https://sci-hub-pdf.com/10.1111/SJPE.12282\",\"citationCount\":\"2\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Scottish Journal of Political Economy\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://doi.org/10.1111/SJPE.12282\",\"RegionNum\":4,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Scottish Journal of Political Economy","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1111/SJPE.12282","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
Professional team sports, and in particular European club football, provide a unique framework for studying the essence of economic behavior. The league structure can be interpreted as a market in which teams compete with each other by creating highlevel entertainment in a kind of “cooperative competition”. The most crucial factors of production are the athletes who play the game, in combination with the respective club managers. Several aspects of football economics have already been analyzed in the literature. These include profitmaximization versus winningpercentage maximization (see e.g., GarciadelBarrio & Szymanski, 2009), the effects of salary caps (Késenne, 2000a), revenue sharing (Grossmann et al., 2010; Késenne, 2000b, 2004), as well as the combination of revenue sharing and salary caps (Dietl, Grossmann, et al., 2011; Dietl, Lang, et al., 2011), Accepted: 5 May 2021
期刊介绍:
The Scottish Journal of Political Economy is a generalist journal with an explicitly international reach in both readership and authorship. It is dedicated to publishing the highest quality research in any field of economics, without prejudice to the methodology or to the analytical techniques used. The editors encourage submissions in all fields of economics in order to provide practical contributions to the literature, and to further the influence of economics in the world of practical affairs.