We examine the steady state properties of a dynamic model of skill acquisition to understand performance in a tournament setting. Empirically, we examine trends in professional golf earnings distributions and in the relative performance of U.S. and European professional golfers. We also estimate...

This paper shows that under reasonable conditions that increasing gate revenue sharing among teams in a sports league will produce a more uneven contest, i.e. reduce competitive balance. This result has significant implications for antitrust authorities and legislators, who have tended to assume...

The paper introduces indices to measure the concepts of internal and employee equity in social psychology. The panel data of the Nippon Professional Baseball League for the period 1996-2008 and quantile regression are employed to examine the relationships between inequities induced by salary...