Gerhards, Jürgen; Mutz, Michael; Wagner, Gert G. - In: DIW Wochenbericht 81 (2014) 24, pp. 555-562
At the FIFA World Cup 2006, the method of using the market value of the teams (“transfer value”) was first proposed as a simple and transparent basis for forecasting the outcome of a major football tournament. Indeed, the countries with players of the highest market value were world...