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relative to the rest of the Bundesliga, a team that hires a better quality coach can expect to achieve a higher points score by … organizational goals. In this paper we use a novel panel data set from the German premier soccer league (Bundesliga) as a case to … show how variations in managerial compensation impact posi-tively upon organizational (team) success. This positive impact …
Persistent link: https://www.econbiz.de/10005549338
that the professional team sports industry, the only industry with substantial experience in the regulation of compensation …
Persistent link: https://www.econbiz.de/10008876693
fans. Performance-based sharing turns out to be an inefficient sharing rule for the cartel, although it is not harmful for …
Persistent link: https://www.econbiz.de/10008876694
Professional sports leagues have witnessed the appearance of so-called "sugar daddies" - people who invest enormous amounts of money into clubs and become their owners. This paper presents a contest model of a professional sports league that incorporates this phenomenon. We analyze how the...
Persistent link: https://www.econbiz.de/10008876695
developed a specific organizational structure, one must take the economic peculiarities of team sports leagues into …
Persistent link: https://www.econbiz.de/10008876696
from the cartel prohibition on efficiency and consumer benefits considerations. Here, a detailed list of conditions exists …
Persistent link: https://www.econbiz.de/10008876697
Despite still being younger than a decade, the theory of multisided markets has offered numerous valuable insights for the analysis of industries in which a supplier serves two distinct customer groups that are indirectly interrelated by externalities. Examples include payment systems, matching...
Persistent link: https://www.econbiz.de/10008876698
In this note I estimate and compare Tullock- and Hirshleifer-style contest success functions (CSFs) using data from the 4 major American sports leagues. I ?nd that Tullock CSFs based on relative efforts fit the data better than Hirshleifer CSFs based on absolute effort differences.
Persistent link: https://www.econbiz.de/10008876699
This paper provides an overview of techniques that can be used to estimate the economic impact of stadiums, events, championships, and franchises on local economies. Utilizing data from National Collegiate Athletic Association championships, this paper highlights the potential problems that can...
Persistent link: https://www.econbiz.de/10009024557
As well as being a growing academic literature, SWB is now firmly on the public policy agenda. Likewise, the sports industry is viewed as being of growing economic significance, reflected in its promotion in public policy. This paper explores the impact of engagement with sports on individual...
Persistent link: https://www.econbiz.de/10009024558