Faculty Publications

Title

A sports franchise simulation game

Document Type

Article

Keywords

Bidding, Professional sports, Simulation

Journal/Book/Conference Title

Journal of Economic Education

Volume

40

Issue

2

First Page

138

Last Page

149

Abstract

Students in sports economics courses might better learn the basic concepts by running their own franchise. A simple game, based on the card game War, is easy and inexpensive to implement. Students quickly grasp the importance of weighing marginal benefits, both in terms of team record and marginal revenue, against the costs of improving their team. In addition, students learn that even the best-laid plans can, under some circumstances, result in disappointment. Extensions of the basic game help teach students the dynamics of revenue sharing, television contracts, salary caps, and other concepts. © 2009 Heldref Publications.

Original Publication Date

4-1-2009

DOI of published version

10.3200/JECE.40.2.138-149

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