The league, which promotes parity through shared network television receipts and weaker schedules for weaker teams, is surely pleased with the success of the carpetbaggers.
But a sliding scale which works to reduce the chasms opening up between each division is achievable - particularly if the league was to adopt the most successful element of the NFL's assault on a lack of parity: revenue sharing.
GoAdv will offer shareholders in LeGuide.com the opportunity to exchange their shares in a voluntary mixed public offer according to the following parity: 5 GoAdv shares along with a €45 cash adjustment for every 6 shares contributed in LeGuide.com, i.e. an offer of €15.19 for each LeGuide.com share, based on the 3 month weighted average price of a GoAdv share.
A rough parity in market shares should mean that the benefits of high prices are split evenly, minimising the risk that one firm breaks ranks.
Two things: the success of Airbus in achieving rough market-share parity at the end of the 1990s, and resentment over launch aid for the A380, the superjumbo designed to bring to an end the long reign of the 747.
Ten major companies just went public with their gender parity problems, openly sharing internal data on how few women they employ in a report released Friday by the U.N. Women's HeForShe campaign.
Behind this idea lies the assumption of an absolute beta convergence to a common upper level of social expenditure, thereby confirming the saturation effect.2. Püss et al. (2005) find the presence of statistically significant beta convergence for total and per capita social expenditure at purchasing power parity (PPP) as a share of GDP for EU countries over the period 1993 2000.
In order to account for different household compositions, household income is transformed into equivalent income, by using the square root equivalence scale (OECD 2006); the equivalent income is then divided by the PPP (purchasing power parity) index provided in SHARE, which adjusts for different purchasing power across countries.
But an eventual tie-up with Qantas could complicate efforts to decide share price parities for the merger between British Airways and Iberia, while the shape of the final management board would also have implications for the Spanish carrier.
The benefits of revenue sharing, increasing parity, and the decline of free agency to the average fan's (if not the average Yankee fan's) experience are obvious and palpable.
In 2001 Goldman Sachs had predicted that by the end of the decade the BRIC economies would account for 10% of global GDP at purchasing-power parity (PPP); by 2007 their share was already 14%.
