The last decades have seen two profound changes in European soccer. First, international trade in talent has increased markedly. Second, international competitions such as the Champions League have become much more important. Using a theoretical model, we study how these changes affect...

As sports clubs jointly produce contests, they cannot determine contest quality through their private talent investments. Sports leagues therefore try to coordinate talent investments to- wards the pro.t-maximizing contest quality. In this paper I analyze how revenue sharing mech- anisms may...

This article contends that a new research avenue is open to comparative economics which is the economic comparison between American (closed) and European (open) professional team sports leagues. It starts with sketching the major institutional differences between the two leagues systems. Then it...

As sports clubs jointly produce contests, they cannot determine contest quality through their private talent investments. Sports leagues therefore try to coordinate talent investments towards the profit-maximizing contest quality. In this paper I analyze how revenue sharing mechanisms may serve...

Introduction – 1. The Competitive Balance in Professional Sports – 2. Alternative Measures of Competitive Balance – 3. The Italian Basketball Championship – Conclusions – References

We analyze the impact of human capital formation through migration on performance by studying the impact of football players' migration to foreign clubs on their origin countries' international football performance. In our model, migration to foreign clubs allows players to improve their skills....

The unprecedented 11 September 2001 terrorist attacks in the United States caused massive casualties and damage, and ushered in an era of greater uncertainty. While a prompt and vigorous policy response helped limit the immediate economic impact of the aggression, the heightened terrorist threat...

We analyze the effects of top tax rates on international migration of football players in 14 European countries since 1985. Both country case studies and multinomial regressions show evidence of strong mobility responses to tax rates, with an elasticity of the number of foreign (domestic)...

Current economic developments, marked by recession of recent years have led directly to the emergence of some social issues with major implications on the world tourism. As a niche segment of the tourism industry, dental tourism is a relatively new phenomenon. The paper based on the study and...

Current economic developments, marked by recession of recent years have led directly to the emergence of some social issues with major implications on the world tourism. As a niche segment of the tourism industry, dental tourism is a relatively new phenomenon. The paper based on the study and...