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This comprehensive Handbook provides a survey of all the major research areas in sports economics written by almost all of the active researchers in this field. It offers not only an accessible insight into the major findings of the literature but also presents some of the world’s...
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The purpose of this article is to describe the financial situation and the development of club finances of the German “Bundesligaâ€. Using data provided by the football association and data collected from a number of different sources we find that the majority of the teams are...
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In a world of asymmetric information and non-trivial monitoring costs, the design and implementation of a compensation and reward system that maximizes the individual athlete’s performance is one of the critical variables affecting the reputation of a specific sports event. Assuming that the...
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Using detailed information on every single player who appeared in at least one match in the history of the first division in German soccer between 1963/64 and 2002/03 we study the determinants of individual career duration. Although team characteristics and changes in the institutional...
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