--- Birgir Runolfsson <[EMAIL PROTECTED]> wrote: > But that makes the player indifferent between playing > for the team that values him at $1,000,000 and the one that values him at > $ 100,001, and therfore there is no certainty that the resource (player) > will be allocated to its most valued use.
If the tax is $899,999, this implies that the player was already getting paid $1 million. The tax will not make the player leave. Another team will not offer $100,001 because the premise was that the next best opportunity was $100,000. Fred Foldvary ===== [EMAIL PROTECTED]