Profit Versus Win Maximization in a League: A Paradox
ABSTRACT The paper studies a very simple game‐theoretical model of sports competition such as the European football leagues. In this oligopoly‐type context, the Cournot‐Nash equilibrium reveals a paradoxical differentiation between clubs: those that include not only profit but also sporting performance in their objectives end up generating more profit than others who purely maximize profit.
Authors
- Luc Arrondel (ORCID: https://orcid.org/0000-0003-0189-0175)
- Jean‐François Laslier (ORCID: https://orcid.org/0000-0001-8334-1350)
- Richard Duhautois
Institutions
- Conservatoire National des Arts et Métiers (FR)
- Centre National de la Recherche Scientifique (FR)
- Paris School of Economics (FR)
Publication Details
- Journal
- Scottish Journal of Political Economy
- Published
- 2025-05-09
- DOI
- https://doi.org/10.1111/sjpe.70014
- Primary Topic
- Sports Analytics and Performance
- Type
- article
- Field-Weighted Citation Impact
- 0.00
Funders
- Agence Nationale de la Recherche