Profit-maximizing organizers of sports contests have an incentive to implement rules that increase the attractiveness of sports contest for spectators. But prohibitively high enforcement costs can prevent organizers from implementing certain rules. We argue that in these instances unofficial...

Social contractarians commonly take social contracts to be solely hypothetical and refrain from elaborating on the factors that influence the feasibility of the formation of social contracts. In contrast, this paper aims at providing a discussion of the conditions affecting the feasibility of...