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Erschienen in: Review of Industrial Organization 2/2018

18.01.2018

Symposium: The NCAA Cartel—Introduction

verfasst von: Roger D. Blair

Erschienen in: Review of Industrial Organization | Ausgabe 2/2018

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Excerpt

Becker (1987) once characterized the National Collegiate Athletic Association (NCAA) as a “cartel in Sheepskin clothing,” which seems to be an apt description. Under the organizing umbrella of the NCAA, the member institutions collusively exploit both monopolistic and monopsonistic power. The members of the cartel are a diverse lot in terms of size, scope of athletic participation, the selectivity of admissions, location, and mode of operations. …

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Fußnoten
1
Zimbalist (2017) argues with some force that the cartel is not sustainable without some much needed reforms.
 
2
NCAA v. Board of Regents of the University of Oklahoma, 468 U.S. 85 (1984).
 
3
If there is competitive balance, both teams have a reasonable probability of winning. Whether this is as important as some believe is still open to question.
 
4
It is not entirely clear what a university athletic director’s objective function ought to be. On the one hand, increased revenues obviously permit increased expenditures, on the other hand, costs limit expenditures or deficits will materialize.
 
5
For an excellent analysis of the NASDAQ Cartel, see Christie and Schultz (1994). For more on the durability of non-competitive real estate commission rates, see White (2006).
 
Literatur
Zurück zum Zitat Becker, G. S. (1987, September 14). The NCAA: A cartel in sheepskin clothing. Business Week, p. 24. Becker, G. S. (1987, September 14). The NCAA: A cartel in sheepskin clothing. Business Week, p. 24.
Zurück zum Zitat Christie, W. G., & Schultz, P. H. (1994). Why do NASDAQ market makers avoid odd-eighth quotes? The Journal of Finance, 49, 1813–1840.CrossRef Christie, W. G., & Schultz, P. H. (1994). Why do NASDAQ market makers avoid odd-eighth quotes? The Journal of Finance, 49, 1813–1840.CrossRef
Zurück zum Zitat White, L. J. (2006). The residential real estate brokerage industry: What would more vigorous competition look like? Real Estate Law Journal, 35, 11–32. White, L. J. (2006). The residential real estate brokerage industry: What would more vigorous competition look like? Real Estate Law Journal, 35, 11–32.
Metadaten
Titel
Symposium: The NCAA Cartel—Introduction
verfasst von
Roger D. Blair
Publikationsdatum
18.01.2018
Verlag
Springer US
Erschienen in
Review of Industrial Organization / Ausgabe 2/2018
Print ISSN: 0889-938X
Elektronische ISSN: 1573-7160
DOI
https://doi.org/10.1007/s11151-018-9614-3

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