The Reserve Clause - Southern Utah University - Cedar City, Utah保留条款-南犹他大学-雪松城，犹他州.pptVIP

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The Reserve Clause - Southern Utah University - Cedar City, Utah保留条款-南犹他大学-雪松城，犹他州.ppt

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The Reserve Clause - Southern Utah University - Cedar City, Utah保留条款-南犹他大学-雪松城，犹他州.ppt

percentage foreign born and number of teams impact competitive balance in the NHL the institutional factors are not signifcant so the NHL is similar to MLB For the NBA and NFL, none of the factors considered matter. When Schmidt and Berri (2011) looked at competitive balance in each sport, though, they didn’t see much variation. In the NFL, percent foreign born is persistently small In the NBA, percent foreign born is larger. But even if you look at the entire world, it is possible the “short supply of tall people” issue should still be a problem. In other words, even if the entire world population is considered, the supply of talent in the NBA (i.e. really tall people) is still relatively small Schmidt and Berri (2011) find no evidence that institutions matter. For baseball and hockey we find evidence that changes in the population of players impact competitive balance. For basketball and football, though, we do not have any factors that statistically explain competitive balance. Back to Perfect Competitive Balance: The work of Stefan Szymanski (from the Western Economic Association meetings in 2005)Tilting the Playing Field (less) Empirical specification for model designed to explain attendance in MLB Data- club attendance, wins, new ballparks, strikes, 1978-2003 Not capacity constrained Panel regression ? (Attendance)it = ? + ?i + ?t + ?i ? (winpercentage)it + ?Xit + ? issues: price, alternative functional forms, lags Estimated increase in attendance due a unit increase in win percentage (e.g. from 50% to 51%): American League Estimated increase in attendance due a unit increase in win percentage (e.g. from 50% to 51%): National League Redistributing wins would have big effects Attendance maximising distribution of wins in the 2003 National League Empirical issues Linear model fits best but is not plausible at the extremes Almost all observed win percentages lie between 0.33 and 0.66 Capacity constraints may bind at very high win percentages Alter