Showing 1 - 10 of 433
World Cup finals were the first mega-event hosted by reunified Germany. We use this landmark event in German contemporary … history to investigate how the integration of the two parts of Germany progressed after 18 years of reunification. We still …
Persistent link: https://www.econbiz.de/10012764394
We show that professional soccer players exhibit reference-dependent behavior during matches. Controlling for the state of the match and for unobserved heterogeneity, we show on a minute-by-minute basis that a player breaches the rules of the game, measured by the referee's assignment of cards,...
Persistent link: https://www.econbiz.de/10013105143
Although social pressure may affect the behavior of individuals, it is very hard to evaluate empirically. A soccer field is an attractive testing ground in the sense that both performance and social pressure by spectators are measurable. The drawback is that the number of spectators is an...
Persistent link: https://www.econbiz.de/10013315685
Since the famous Bosman ruling by the European Court of Justice in 1995 transfer fees for football players after moving … unrestricted market free migration from football players will be Pareto efficient under special circumstances only. This paper … shows that transfer fees can correct inefficient migration flows from small to large football leagues. Home-grown rules that …
Persistent link: https://www.econbiz.de/10013317030
This paper analyzes market segmentation in a two-sided market that consists of media consumers and advertisers. The analysis is motivated by a European Court of Justice Decision in October 2011, which allowed viewers to take advantage of international price differences and buy access to Premier...
Persistent link: https://www.econbiz.de/10013088134
on coach dismissals in the German football league where the selection of players is indeed a key task of the coach …
Persistent link: https://www.econbiz.de/10013100003
the final between Germany and the Netherlands right into the middle of the goalmouth …
Persistent link: https://www.econbiz.de/10013317057
This paper explores empirically the link between French equities returns Value-at-Risk (VaR) and the state of financial markets cycle. The econometric analysis is based on a simple vector autoregression setup. Using quarterly data from 1970Q4 to 2008Q3, it turns out that the k-year VaR of French...
Persistent link: https://www.econbiz.de/10013316387
We study the impact of political knowledge on the attitudes of European citizens towards the possible distribution of responsibilities between European level institutions and national governments in three policy areas: foreign policy, defence and immigration policy. The hypothesis tested is that...
Persistent link: https://www.econbiz.de/10013316058
The disclosure of the VW emission manipulation scandal caused a quasi-experimental market shock in the observable quality of VW diesel vehicles. We consider a classical model for adverse selection and sorting to derive an empirically testable hypothesis about the impact of observable quality on...
Persistent link: https://www.econbiz.de/10012954355