Question
If all NFL teams are currently profit maximizing teams, but then some small market teams get purchased by Elon Musk-level wealthy people who just want
If all NFL teams are currently profit maximizing teams, but then some small market teams get purchased by Elon Musk-level wealthy people who just want to win and treat the team like a consumption good, how would this effect competitive balance according to the chapter in The Handbook on the Economics of Sport?
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Introduction to Econometrics
Authors: James H. Stock, Mark W. Watson
3rd edition
133595420, 978-0138009007, 138009007, 978-0133486872, 133486877, 978-0133595420
