Profit vs. win maximization in a league: a paradox

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Auteurs

Discipline

Economies et finances

Type de document

Prépublication

Périmètre

Publications

Langue

Anglais

Identifiants

ISIDORE Id: 10670/1.6da91c...
halshs: halshs-04358491

Source

HAL SHS (Sciences de l’Homme et de la Société)

Collection

Archives ouvertes

Organisation

Centre pour la communication scientifique directe

Licence

info:eu-repo/semantics/OpenAccess

Mots-clés En

Cournot-Nash equilibrium Oligopoly Sports economics Football

Sujets proches En

Net income

Citer ce document

Luc Arrondel et al., « Profit vs. win maximization in a league: a paradox », HAL SHS (Sciences de l’Homme et de la Société), ID : 10670/1.6da91c...

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Résumé 0

The paper studies a very simple game-theoretical model of sports competition such as the European football leagues. In this oligopoly-type context, the Cournot-Nash equilibrium reveals a paradoxical differentiation between clubs: those that include not only profit but also sporting performance in their objectives end up generating more profit than others who purely maximize profit.

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