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The 50plus1-rule in German football is a controversially discussed institution that regulates investment behavior of professional football teams. This paper discusses from a sports economics perspective the suspected market failures that the 50plus1-rule is expected to prevent. To examine the...
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Institutional and legal reforms applied in the context of sports competitions often provoke structural changes that can be empirically investigated. Using a data set of 560 observations (20 teams per season, from 2009/10 to 2015/16, of teams playing in the Premier League, La Liga, Serie A and...
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In a complete information auction, two integrated broadcasters bid for exclusive TV-rights to a sports league (e.g. the English Premier League), with two potential externalities: receipts feed through to the two league clubs who choose player expenditures, possibly enhancing league quality and...
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