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Transfer Fee Regulations in European Football

Feess, Eberhard; Muehlheusser, Gerd - 2002

We analyze the impact of three different transfer fee systems on payoffs, contract lengths, training and effort incentives in European football. The different regimes, being used until 1995 (?Pre-Bosman? or P), currently in use (?Bosman? or B), and recently approved (?Monti? or M) differ with...

Persistent link: https://www.econbiz.de/10010262824

On the Efficiency of Spam Mailing and Portal Advertising

Bandulet, Martin - 2005

The objective of this paper is to provide a simple approach endogenizing the welfare reducing or welfare enhancing effect of informative advertising. Using this approach, it is possible to analyse the welfare consequences of a technology shock that reduces unit information costs, and to explain...

Persistent link: https://www.econbiz.de/10010263031

Allocation, externalities, and the fair division approach: an experimental study

Weiland, Torsten - 2008

the same time, exerts negative externalities on the non-acquiring bidders. Both the bidders'; valuations of the good and …

Persistent link: https://www.econbiz.de/10010263876

Education, unemployment and migration

Eggert, Wolfgang; Krieger, Tim; Meier, Volker - 2007

This paper studies a two-region model in which unemployment, education decisions and interregional migration are endogenous. The poorer region exhibits both lower wages and higher unemployment rates, and migrants to the richer region are disproportionally skilled. The brain drain from the poor...

Persistent link: https://www.econbiz.de/10010264226

Subsidizing national champions: an evolutionary perspective

Aubert, Cécile; Falck, Oliver; Heblich, Stephan - 2008

externalities appear along the lifecycle. In a simple model, we show that it may be efficient to subsidize innovative firms in their … early stages or to protect mature firms from competition to appropriate these externalities. However, non …-benevolent politicians may not choose efficient policies. Real-world examples indicate that politicians tend to concentrate on externalities …

Persistent link: https://www.econbiz.de/10010264424

Charity auctions for the happy few

Bos, Olivier - 2008

Recent literature has shown that all-pay auctions raise more money for charity than winner-pay auctions. We demonstrate that the first and second-price winner-pay auctions generate higher revenue than first-price all-pay auctions when bidders are sufficiently asymmetric. To prove it, we consider...

Persistent link: https://www.econbiz.de/10010264437

Strategic advertisement with externalities: a new dynamic approach

Joosten, Reinoud - 2007

We model and analyze strategic interaction over time in a duopolis-tic market. Each period the firms independently and simultaneously choose whether to advertise or not. Advertising increases the own immediate sales, but may also cause an externality, e.g., increase or decrease the immediate...

Persistent link: https://www.econbiz.de/10010266695

Fairness in urban land use: an evolutionary contribution to Law & Economics

Schubert, Christian - 2005

Markets for complex, multi-faceted goods normally require a complex institutional framework to function properly, i.e., to lead to patterns of outcomes that are deemed acceptable by the individuals involved. This paper examines the institutional underpinnings of the market for urban land use...

Persistent link: https://www.econbiz.de/10010266750

From status-seeking consumption to social norms: An application to the consumption of cleanliness

Woersdorfer, Julia Sophie - 2008

Interdependencies in consumer behavior stem from either status-seeking consumption or compliance with social norms. This paper analyzes how a consumption act changes from a means to signal the consumer's status to a means of norm compliance. It is shown that such a transformation can only be...

Persistent link: https://www.econbiz.de/10010267166

Local employment growth in West Germany: a dynamic panel approach

Blien, Uwe; Suedekum, Jens; Wolf, Katja - 2005

In this paper we study the dynamics of local employment growth in West Germany from 1980 to 2001. Using dynamic panel techniques, we analyse the timing of the impact of diversity and specialisation, as well as of the human capital structure of local industries. Diversity has a positive effect on...

Persistent link: https://www.econbiz.de/10010267304