Tang, Meng-Chi - In: Journal of Sports Economics 16 (2015) 3, pp. 295-311
This study empirically tests how expected surplus and specific investments affect the structure of National Football … with expected surplus and specific investments. In particular, early draftees with higher expected value of future …€™s expected surplus from contracting with their draftees. Comparing to the other teams, teams with more empty seats and fewer wins …