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Breach by the Player in Iranian Football

Fazlavi, Masoud | 2019

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  1. Type of Document: M.Sc. Thesis
  2. Language: Farsi
  3. Document No: 53058 (44)
  4. University: Sharif University of Technology
  5. Department: Management and Economics
  6. Advisor(s): Sheikhzadeh, Mehdi; Talebian, Masoud
  7. Abstract:
  8. Nowadays, companies trade with each other to prosper, and the role of trading in the growth of businesses is undeniable. Many of them procure raw materials from their suppliers or sell their products to retailers. A contract is the first step to form such interaction. In a contract, each company has specific purposes which are ambiguous at the time of signing a contract. These objects and expectations are determined at the beginning of a contract, whereas both parties of a contract are uncertain about the future circumstances. In many cases, the future conditions cause one party of a contract breaches and terminates it. One of the most common reasons for breaching is the emergence of a new opportunity for one of the parties.Such circumstance is prevalent in Iranian football (soccer) league. One player breaches his current contract to accept the offer of the entrant club.Breaching a contract damages the initial club and avoiding it is one of the hottest debates in contracts sphere. For determining damage, first, we need to determine the utility function of all players and model the relationships of them; then, we calculate the optimal amount of damage analytically. For generalizing of our model, we assume that the player can breach the contract whenever he wants. Moreover, the good/service can be traded at the end of the contract (indivisible) or during it gradually(divisible). As a result,we note that, in the divisible good/service, the amount of damage increase if the value of the player increases, and decrease if the time of breaching approaches the end of the contract. Also, in the indivisible good/service,the time of breaching has no impact on the amount of damage
  9. Keywords:
  10. Damage Clauses ; Asymmetric Information ; Seller-Bayer Supply Chain ; Football ; Contract Breach

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