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We analyse how a change in the probability of winning a tournament affects an agent's effort using the qualification rules for entry into the group and playoff stages of the UEFA Champions' League. Our results suggest that increasing the number of slots that a national league gets in the...
Persistent link: https://www.econbiz.de/10010502726
That football Head Coaches will be dismissed for poor performance and will quit when they have better outside options seems to be nothing more than a statement of the obvious. But owners may find it hard to distinguish poor performance from bad luck and may find it difficult to identify and...
Persistent link: https://www.econbiz.de/10011625327
One expects those who lead organisations to affect their performance. If not why would organisations spend so much time and money appointing and incentivising their leaders? Yet there is little evidence establishing a causal link between leaders and organisational performance. Using game-by-game...
Persistent link: https://www.econbiz.de/10012431585