Aidt, Toke, Leong, Bernard, Saslaw, William C. and Sgroi, Daniel (2006) A power-law distribution for tenure lengths of sports managers. Physica A: Statistical Mechanics and its Applications, Vol.370 (No.2). pp. 697-703. doi:10.1016/j.physa.2006.03.016

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Abstract

We show that the tenure lengths for managers of sport teams follow a power law distribution with an exponent between 2 and 3. We develop a simple theoretical model which replicates this result. The model demonstrates that the empirical phenomenon can be understood as the macroscopic outcome of pairwise interactions among managers in a league, threshold effects in managerial performance evaluation, competitive market forces, and luck at the microscopic level.

Item Type:	Journal Article
Subjects:	G Geography. Anthropology. Recreation > GV Recreation Leisure
Divisions:	Faculty of Social Sciences > Economics
Library of Congress Subject Headings (LCSH):	Sports personnel -- Econometric models
Journal or Publication Title:	Physica A: Statistical Mechanics and its Applications
Publisher:	Elsevier BV
ISSN:	03784371
Official Date:	2006
Dates:	Date Event 2006 Published
Date of first compliant deposit:	22 December 2015
Volume:	Vol.370
Number:	No.2
Page Range:	pp. 697-703
DOI:	10.1016/j.physa.2006.03.016
Status:	Peer Reviewed
Publication Status:	Published
Access rights to Published version:	Restricted or Subscription Access
Funder:	University of Cambridge. Faculty of Economics, Singapore. Agency for Science, Technology and Research (ASTAR)

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