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...

This is an introduction to the symposium whose papers follow this introduction.

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...

Les économistes sont largement d'avis que la séparation de la propriété et du contrôle est plutôt néfaste pour la performance d'une entreprise, tandis que la compétition sur le marché des produits est censée avoir une influence positive. Sans égard à leur plausibilité, ces deux...

"Sports fans all over the world have recently witnessed an increasing number of spectacular doping cases, leading to considerable annoyance in the public. However, our knowledge regarding the prevalence of doping is still quite limited, leading some people to speculate that (nearly) all...

In many professional team sports leagues the revenues generated from the sale of broadcasting rights are shared more or less equally among the teams in that league. This redistribution is justified by the need to maintain or imporve 'competitive balance'. Using a large data set from 12 major...

This article analyzes the dismissal of head coaches in the top tier of German professional football, the "Bundesliga". A random parameter logit model is used to analyse the characteristics that are associated with the probability of a coach to be dismissed, taking into account uncontrolled...

We perform a theoretical and empirical analysis of the impact of transfer fee regulations on professional soccer in Europe. Based on a model on the interaction of moral hazard and heterogeneity, we show (i) how the regulations effect contract durations and wages, (ii) that contracting parties...