Using data from the game show "Who wants to be a Millionaire", this study analyzes whether a higher level of education and hence the ability to make logical inferences plays an important role in climbing the show’s prize money ladder. Testing differences in human capital investment gaps for a...

A large part of the theoretical tournament literature argues that rank-order tournaments only unfold their incentive effects if the contestants all have similar prospects of winning. In heterogeneous fields, the outcome of the tournament is relatively clear and the contestants reduce their...

The sporting success of athletes and national teams is associated with a feel-good-factor among the population. These positive social effects can be regarded as public goods that entail a certain value for the population. The value of public or non-market goods can be estimated using the...

Purpose – The purpose of this paper is to analyze the effects of an athlete's body type, team characteristics, and pay on performance in the Tour de France (“the Tour”). Based on the concept of scaling and the concept of human capital, the paper aims to derive a set of hypotheses....

Purpose – The aim of this study is to examine the effects of team diversity on team performance in the Tour de France. Design/methodology/approach – Longitudinal data on teams participating in the Tour de France between 2004 and 2013 are used for the empirical analysis ( n = 208). Team...