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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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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
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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URI: http://wrap.warwick.ac.uk/id/eprint/50065

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