Feess, Eberhard; Gerfin, Michael; Muehlheusser, Gerd - Institute for the Study of Labor (IZA) - 2008
: strategic contracting, rent seeking, empirical contract theory,
long-term contracts, breach of contract, sports economics … from long term contract than players which,
according to our theory, calls for player compensation in form of a higher wage … chronological order of the theory part because
the multinomial logit model is also needed to correct for a potential selection bias …