The predictions that emerge from tournament theory have been tested in a number of sports-related settings. Since sporting events involving individuals (golf, tennis, running, auto racing) feature rank order tournaments with relatively large payoffs and easily observable outcomes, sports is a...

A large body of literature documents the existence of a considerable and persistent gender gap in competitiveness. Using longitudinal data from ultramarathon running covering the period 2005-2009, I first confirm the findings of most previous studies by demonstrating that on average the...

Die paritätische Mitbestimmung gibt es in Deutschland mittlerweile seit 30 Jahren. Demnächst soll eine Kommission Vorschläge zu ihrer Modernisierung und Anpassung an EU-Regelungen unterbreiten. Welche Vor- und Nachteile hat die Mitbestimmung aus theoretischer Sicht? Welche Wirkungen sind auf...

In this article, we analyze the determinants of annual number of grievance procedures, mainly individual complaints against unfair dismissals. Econometric analyses using two balanced panels from the 11 West German states (1964-2006) and the 17 autonomous regions of Spain (1987-2006) show that...

The recent transfers of Christiano Ronaldo from Manchester United, and of Ricardo Izecson dos Santos Leite (Kaká) from Associazione Calcio Milan to Real Madrid—as well as the increasing financial problems of many of the top teams in the big five European leagues—have again increased the...