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Contribution Details
Type | Journal Article |
Scope | Discipline-based scholarship |
Title | Getting explicit about the implicit: A taxonomy of implicit measures and guide for their use in organizational research |
Organization Unit |
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Authors |
|
Item Subtype | Original Work |
Refereed | Yes |
Status | Published in final form |
Language |
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Journal Title | Organizational Research Methods |
Publisher | Sage Publications Sage CA: Los Angeles, CA |
Geographical Reach | international |
ISSN | 1552-7425 |
Volume | 15 |
Number | 4 |
Page Range | 553 - 601 |
Date | 2012 |
Abstract Text | This paper provides a theoretical model of a team sports league and studies the welfare effect of salary caps. It shows that salary caps will increase competitive balance and decrease overall salary payments within the league. The resulting effect on social welfare is counter-intuitive and depends on the preference of fans for aggregate talent and for competitive balance. A salary cap that binds only for large-market clubs will increase social welfare if fans prefer aggregate talent despite the fact that the salary cap will result in lower aggregate talent. If fans prefer competitive balance, on the other hand, any binding salary cap will reduce social welfare. |
Export | BibTeX |