On violence in professional team sport as the endogenous result of profit maximization
Tóm tắt
The role of violence has been treated explicitly in modeling hockey teams as profit maximizing agents. The estimated model appears to offer a reasonable descriptive picture of team behavior, and the statistical results provide no compelling rejection of the underlying hypotheses on which the model is based. Without a doubt, violence in sports is to a considerable extent purely spontaneous and attributable to the non-economic factors discussed in the introduction. At the same time, it seems significant that the observed level of hockey violence is consistent with the hypothesis that teams behave as rational economic agents.
Tài liệu tham khảo
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