The O-Ring theory provides a framework for analyzing the effects of team production on the emergence of firms in the New Economy. Given risk-aversion of the potential team members, the productive advantage of perfect ability matching in teams suffices to establish an equilibrium which separates...

The successful foundation of entrepreneurial firms comprises a multitude of complementary human tasks. Within entrepreneurial teams, the effect of founders' human capital on firm success hinges on the information structure that prevails when nascent entrepreneurs are matched in partnerships....

Die vorliegende empirische Dissertation untersucht verschiedene Forschungsfragen im Bereich der Sportökonomie. Die empirischen Analysen werden anhand von individuell zusammengestellten Datensätzen mit Informationen zur finanziellen und sportlichen Leistungsfähigkeit der vier großen...