This paper uses data from the UEFA Champions League tournament between 2003 and 2013 to study the impact of diversity on group performance. We find that more diverse teams outperform less diverse ones. All else equal, a one-standard deviation increase in the average team's linguistic distance...

As an old Chinese proverb says, "visiting monks give better sermons." European soccer clubs also believe this, and have always been seeking for foreign players to boost competitiveness. However, due to the reason of protectionism, there were restrictions that each club was only allowed to field...

Open almost any news source, or simply turn on the program guide of your own television, and the explosive proliferation of sports telecasts is quickly evident. The amount exhibitors pay to sports leagues has reached dizzying heights, in large part due to high demand and the unique, unrecorded...

In der aktuellen Fußballberichterstattung ist oft von "modernem Fußball" die Rede. Es entsteht der Eindruck, dass eine bestimmte Spielweise den sportlichen Erfolg garantiert und anderen Strategien grundsätzlich überlegen ist. Aus der Perspektive der evolutionären Finanzwirtschaft kann zu...