| 000 | 01310cam a2200277 4500500 | ||
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| 005 | 20250121053742.0 | ||
| 041 | _afre | ||
| 042 | _adc | ||
| 100 | 1 | 0 |
_aAndreff, Wladimir _eauthor |
| 245 | 0 | 0 | _aSport Auctions: the Winner’s Curse |
| 260 | _c2024. | ||
| 500 | _a70 | ||
| 520 | _aSports organizations that hold monopolies (monopsonies) maximize their rent by imposing auctions on their customers (suppliers). The latter suffer from the curse of the auction winner and overpay. This process plays out when: (1) major international sporting events are awarded and candidate cities are encouraged to outbid each other; (2) team owners of North American sports leagues have potential host cities bid for their franchises; (3) TV broadcasting rights are auctioned off among competing networks; (4) acquiring superstar players in the arms race between the richest sports teams. JEL classification: | ||
| 690 | _aD42 | ||
| 690 | _aZ20 | ||
| 690 | _aD44 | ||
| 690 | _aZ22 | ||
| 690 | _aZ23 | ||
| 690 | _aD42 | ||
| 690 | _aZ20 | ||
| 690 | _aD44 | ||
| 690 | _aZ22 | ||
| 690 | _aZ23 | ||
| 786 | 0 | _nRevue d'économie financière | o 154 | 2 | 2024-06-27 | p. 17-27 | 0987-3368 | |
| 856 | 4 | 1 | _uhttps://shs.cairn.info/journal-revue-d-economie-financiere-2024-2-page-17?lang=en&redirect-ssocas=7080 |
| 999 |
_c468991 _d468991 |
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