Wang, Jue-Shyan; Wang, Wei-Hsin; Liao, Yen-Chun - In: Research in World Economy 5 (2014) 1, pp. 1-12
This study examines whether players benefit from free agency or not. In professional sports, free agency has been a hot topic in recent years. Based on a bargaining model with arbitrary bargaining power, we found that players who have a relative smaller bargaining power to their owners still get...