Kato, Kazuhiko (2023): Effects of a uniform relative emission standard in a professional team sports league.
Preview |
PDF
MPRA_paper_117009.pdf Download (260kB) | Preview |
Abstract
This study theoretically examines whether a uniform relative emission standard improves a professional sports team's competitive balance and social welfare in a professional league. Our study shows that there are cases where tightening (resp. relaxing) such standards can improve competitive balance when the differences between the abatement cost conditions of different clubs are sufficiently small (resp. large). Social welfare improves when the standard is slightly tougher than an unregulated emission level standard. Furthermore, social welfare also improves when the standard set to a zero-emission level is slightly relaxed.
Item Type: | MPRA Paper |
---|---|
Original Title: | Effects of a uniform relative emission standard in a professional team sports league |
Language: | English |
Keywords: | Competitive balance; emission standard; professional team sports league; welfare analysis |
Subjects: | Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics > Q50 - General Z - Other Special Topics > Z0 - General > Z00 - General |
Item ID: | 117009 |
Depositing User: | Kazuhiko Kato |
Date Deposited: | 11 Apr 2023 07:07 |
Last Modified: | 11 Apr 2023 07:07 |
References: | [1] J.C. B\'arcena-Ruiz (2006), Environmental taxes and first-mover advantages, Environ. Resour. Econ. 35, 19–-39. [2] H.M. Dietl, M. Grossmann, M. Lang (2011), Competitive balance and revenue sharing in sports leagues with utility-maximizing teams, J. Sports Econ. 12, 284--308. [3] H.M. Dietl, M. Lang, S. Werner (2009), Social welfare in sports leagues with profit-maximizing and/or win-maximizing cubs, South. Econ. J. 76, 375--396. [4] U. Ebert (1998), Relative standards: a positive and normative analysis, J. Econ. 67, 17--38. [5] M. El Hodiri, J. Quirk (1971), An economic model of a professional sports league, J. Political Econ. 79, 1302-–1319. [6] S. Falconieri, F. Palomino, J. Sakovics (2004), Collective versus individual sale of television rights in league sports, J. Eur. Econ. Association. 2, 833-–862. [7] R. Fort, J. Quirk (2010), Optimal competitive balance single-game ticket leagues, J. Sports Econ. 11, 587-–601. [8] R. Fort, J. Quirk (2011), Optimal competitive balance in a season ticket league, Econ. Inq. 49, 464-–473. [9] G.E. Helfand, (1991) Standards versus standards: the effects of different pollution restrictions, Am. Econ. Rev. 81, 622--634. [10] H. Ino, T. Matsumura (2019), The equivalence of emission tax with tax-revenue refund and emission intensity regulation, Econ. Lett. 182, 126--128. [11] H. Ino, T. Matsumura (2021), Optimality of emission pricing policies based on emission intensity targets under imperfect competition, Energy Econ. 98, 105238. [12] S. K\'esenne (2014), The economic theory of professional team sports, an analytical treatment - second edition, Edward Elgar, Cheltenham, UK$\cdot$Northampton, MA, USA. [13] S. Lahiri, Y. Ono (2007), Relative emission standard versus tax under oligopoly: the role of free entry, J. Econ. 91, 107--128. [14] P. Lin, Y. Pang (2020), Command-and-control regulation, an incentive for pollution abatement, and market structure, J. Regulatory Econ. 57, 159--180. [15] S.L. Locke (2019), Estimating the impact of major league baseball games on local air pollution, Contemporary Econ. Policy. 37, 236-–244. [16] P. Madden (2012), Fan welfare maximization is a club objective in a professional sports league, Eur. Econ. Rev. 56, 560--578. [17] R. Pal, B. Saha (2015), Pollution tax, partial privatization, and environment, Resour. Energy Econ. 40, 19--35. [18] Y. Qin, W. Jing, R. Zhang (2022), Can professional football players adapt to air pollution? J. Sports Econ. 23, 277--300. [19] S. Szymanski (2003), The economic design of sporting contests, J. Econ. Lit. 41, 1137–-1187. [20] S. Szymanski (2004), Professional team sports are only a game; the Walrasian fixed-supply conjecture model, contest-Nash equilibrium, and the invariance principle, J. Sports Econ. 5, 111–-126. [21] S. Szymanski, S. K\'esenne (2004), Competitive balance and gate revenue sharing in team sports, J. ind. Econ. 52, 165–-177. [22] A. Ulph (1996), Environmental policy and international trade when governments and producers act strategically, J. Environ. Econ. Manag. 30, 265-–281. [23] J. Vrooman (2009), Theory of the perfect game: competitive balance in monopoly sports leagues, Rev. Ind. Org. 34, 5-–44. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/117009 |