This paper investigates the final bid prices for players during the first three seasons of the Indian Premier League (IPL). Although the IPL imposes a salary cap and other labor-market restrictions, it is anticipated that final bid prices reflect the aggregate value of player productivity...

This paper analyzes whether some clubs pay a premium over estimated market value for players of certain nationalities, with a particular focus on whether Brazilian players enjoy the largest premium over market value. The results suggest that, on average, soccer clubs pay higher transfer fees for...