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A power-law distribution for tenure lengths of sports managers

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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. ISSN 03784371

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Official URL: http://dx.doi.org/10.1016/j.physa.2006.03.016

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

Volume:

Vol.370

Number:

No.2

Page Range:

pp. 697-703

Identification Number:

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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