The Combines Act

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Title: The Combines Act

Essay Details:

Subject: English

Author: Jonathan C

Date: April 18, 2014

Level: University

Grade: A

Length: 3 / 725

Essay text:

Schofield entitled "The Development of First Class Cricket in England," states the behavior of sport cartels. Three hypothesises are used to explain the behavior described by Schofield, number two being developed by J.C.H. Jones (1969). (1) The profit maximization hypothesis. (2)The joint profit maximization hypothesis that the entire cartel (league) strives for. This hypothesis does not incorporate non profit objectives that influence group behavior. (3) The utility maximization model that allow for many possibilities usually compromising arguments such as the success of the team at a given year and paid attendance for the team's venue...

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