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. Focusing on football (soccer), we built a novel dataset of national teams of European countries that have participated in the …
Persistent link: https://www.econbiz.de/10012597683
We consider rules (strategies, commitments, contracts, or computer programs) that make behavior contingent on an opponent's rule. The set of perfectly observable rules is not well defined. Previous contributions avoid this problem by restricting the rules deemed admissible. We instead limit the...
Persistent link: https://www.econbiz.de/10010437999
Persistent link: https://www.econbiz.de/10003498579
This paper quantifies how much of violent crime in society can be attributed to football-related violence. We study the … universe of professional football matches played out in Germany's top three football leagues over the period 2011-2015. To … violent crimes on days with and without professional football matches while controlling for date heterogeneity, weather, and …
Persistent link: https://www.econbiz.de/10012669790
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/10009540777
This paper examines the relation between crowd support and home advantage in professional football in making use of a … football divisions during the 2019/2020 season. We find that there is a reduced home advantage in the first division, whereas …
Persistent link: https://www.econbiz.de/10012287309
Persistent link: https://www.econbiz.de/10003456217
High correlations between risks can increase required insurer capital and/orreduce the availability of insurance. For such insurance lines, securitizationis rapidly emerging as an alternative form of risk transfer. The ultimatesuccess of securitization in replacing or complementing traditional...
Persistent link: https://www.econbiz.de/10011400246
Should principals explain and justify their evaluations? Suppose the principal's evaluation is private information, but she can provide justification by sending a costly cheap-talk message. If she does not provide justification, her message space is restricted, but the message is costless. I...
Persistent link: https://www.econbiz.de/10010361447
Neither marriage nor a legally enforceable contract serves any useful purpose if the parties have access to a perfect … enforceable contract. Separate-property marriage may reduce and community-property marriage actually eliminate inefficiency, but …
Persistent link: https://www.econbiz.de/10010227229