Competition within a Cartel: League Conduct and Team Conduct in the Market for Baseball Player Services

A model of major league baseball is developed which distinguishes between league behavior and individual team behavior. The league is viewed as setting rules that restrict the team's willingness to pay and/or impose costs on the transfer of players between teams. Given these rules, teams then c...

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Veröffentlicht in:The review of economics and statistics 2000-08, Vol.82 (3), p.422-430
Hauptverfasser: Ferguson, Donald G., Jones, J. C. H., Stewart, Kenneth G.
Format: Artikel
Sprache:eng
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