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https://doi.org/10.1016/j.physa.2006.03.016
| Title: | A power-law distribution for tenure lengths of sports managers | Authors: | Aidt, T.S. Leong, B. Saslaw, W.C. Sgroi, D. |
Keywords: | Competitive sports Complexity Managerial turnover Power-law distributions Tenure of managers |
Issue Date: | 15-Oct-2006 | Citation: | 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 | URI: | http://scholarbank.nus.edu.sg/handle/10635/129641 | ISSN: | 03784371 | DOI: | 10.1016/j.physa.2006.03.016 |
| Appears in Collections: | Staff Publications |
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