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- Title
Who Should Pay the Sports Agent's Commission? An Economic Analysis of Setting the Legal Rules in the Regulation of Matchmakers.
- Authors
Brocard, Jean-François; Cavagnac, Michel
- Abstract
We study the effects of completing the legal framework of matchmakers with a rule designating which party must pay the commission. The paper examines the two rules currently open to debate at the international level in sport: the "player-pays" principle and the "club-pays" principle. We find that the most appropriate measure entails designating the party with the lesser bargaining power to pay the intermediary's fee. However, our main result indicates that the appropriateness of imposing an additional rule in the legal framework is a preliminary issue. Indeed, even if the best rule is chosen, welfare may be decreased by this legal initiative.
- Subjects
SPORTS agents; PROFESSIONAL sports contracts; SPORTS competitions; SPORTING rules; ATHLETIC leagues
- Publication
International Journal of Sport Finance, 2017, Vol 12, Issue 1, p65
- ISSN
1558-6235
- Publication type
Article