The concept of competitive balance is a central aspect in the literature of sports economics. A popular argumentation of sport functionaries is that dominance of one or a few teams could lead to unequal incomes for the clubs, restrictions in the clubs' ability to improve sporting performance and...

The concept of competitive balance is a central aspect in the literature of sports economics. A popular argumentation of sport functionaries is that dominance of one or a few teams could lead to unequal incomes for the clubs, restrictions in the clubs’ ability to improve sporting performance...

This contribution examines whether the share price of the Borussia Dortmund GmbH & Co. KgaA (BVB) behaves according to the (capital) market efficiency hypothesis of Fama (1970). The weak form of capital market inefficiency, according to which past share prices cannot be used for predictions in...

Stützend auf die gängigen Theorien, Methoden und Modelle der modernen Wettbewerbs- und Industrieökonomik liegt der Kern der Dissertation darin, wie exogene Variablen zu mediengebundenen Verzerrungen von Inhalten auf Unterhaltungsmärkten führen, welche Rolle den "Economics of Superstars"...