July 27, 2005

New Nhl Rule Proposals: Incentive Effects

Lynne Kiesling For new institutional economists, the NHL is a multi-dimensional laboratory right now. The six-year labor agreement signed last Friday, including team-level salary caps and revenue sharing, has spurred a flurry of contract buyouts. The Yahoo Sports NHL news archive since Saturday has been full of stories of teams buying out contracts of their …

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