澳大利亚足球联赛选秀合同中的选择性
Jemuel Chandrakumaran1, Paul Larkin1,2, Sam McIntosh1,3
1Institute for Health and Sport (IHES), Victoria University, Melbourne, Australia.
PloS one
|September 14, 2023
概括
这项研究提出了澳大利亚足球联盟 (AFL) 球队延长选秀合同的呼叫选项,以避免单期问题. 这种选项允许延长合同,而不限制球员移动或增加单音功率.
科学领域:
- 体育经济学体育经济学
- 劳动力市场动态 劳动力市场动态
- 合同理论 合同理论
背景情况:
- 球员选秀旨在实现人才平等,但可能会造成劳动力市场的断,限制球员的运动.
- 澳大利亚足球联盟 (AFL) 面临着延长初始选秀合同的呼吁,这可能会加剧单职制问题.
研究的目的:
- 提出一个替代方案,以延长AFL的征兵合同长度.
- 引入一个"预约选项"机制,让球队可以延长草稿合同.
- 分析财务影响和对球员流动性的影响.
主要方法:
- 使用Black-Scholes模型计算每个选秀选秀的通话期权价格.
- 估值的购买期权价格,表示为选秀价值的百分比.
- 研究了选择价值和选项价格之间的关系,考虑到行为因素.
主要成果:
- 据计算,呼叫期权价格在选择价值的1%至1.5%之间.
- 期权定价与选择价值不一致地增加,受管理层过度信心和沉没投资的影响.
- 拟议的调用选项为球队提供了灵活性,而不会进一步限制球员的运动.
结论:
- 呼叫选项为团队提供了一个可行的机制,可以延长草稿合同.
- 这种方法减轻了人们对单音声功率增加和玩家移动性受限制的担忧.
- 这些发现为职业体育联赛中人才管理提供了新的解决方案.
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