Capitalism for the Cooperative: The NCAA and NFL Model of Parity and Profit (Comparative Analysis National Collegiate Athletic Association and National Football League) (Survey)
Journal of Economics and Economic Education Research 2007, May, 8, 2
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Publisher Description
ABSTRACT Economists have long recognized the cartel behavior of the NCAA. Previous research has addressed the cartel characteristics of monopsony behavior, cheating, member cooperation, and supply limits of the NCAA and its members. Where this paper adds to the literature is the conceptual link between the NCAA and the NFL. Previously, these two sport-focused entities have been viewed separately. Here, the cartel behavior of the NCAA and the NFL are brought to light by identifying the similarities in corporate structure that have led to their stability. It is concluded that in each organization, utility is generated from parity. The governing boards of each entity endorse parity through their agreed upon policies.
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