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|Title:||A power-law distribution for tenure lengths of sports managers|
Tenure of managers
|Source:||Aidt, T.S., Leong, B., Saslaw, W.C., Sgroi, D. (2006-10-15). A power-law distribution for tenure lengths of sports managers. Physica A: Statistical Mechanics and its Applications 370 (2) : 697-703. ScholarBank@NUS Repository. https://doi.org/10.1016/j.physa.2006.03.016|
|Abstract:||We show that the tenure lengths for managers of sport teams follow a power law distribution with an exponent between 2 and 3. We develop a simple theoretical model which replicates this result. The model demonstrates that the empirical phenomenon can be understood as the macroscopic outcome of pairwise interactions among managers in a league, threshold effects in managerial performance evaluation, competitive market forces, and luck at the microscopic level. © 2006 Elsevier B.V. All rights reserved.|
|Source Title:||Physica A: Statistical Mechanics and its Applications|
|Appears in Collections:||Staff Publications|
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