This study uses the case of professional soccer to investigate the determinants of human capital (HC) specificity. Inspired by labor market research, we formulate three hypotheses on how uncertainty about the usefulness of individuals' (more productive) specific skills affects their investment...

This study uses the case of professional soccer to investigate the determinants of human capital (HC) specificity. Inspired by labor market research, we formulate three hypotheses on how uncertainty about the usefulness of individuals’ (more productive) specific skills affects their investment...

This study uses a real case from professional soccer to examine intertemporal rating errors in performance appraisals. Motivated by research that extends the (prospective) optimistic bias and (retrospective) positivity bias to others, we formulate five hypotheses on the reflection of these...

This study uses a real case from professional soccer to examine intertemporal rating errors in performance appraisals. Motivated by research that extends the (prospective) optimistic bias and (retrospective) positivity bias to others, we formulate five hypotheses on the reflection of these...

Purpose – The purpose of this paper is to explore the future of professional soccer by 2025. Scientific foresight studies on this industry do not yet exist despite its current position at a crossroads: toward further exploitation of profit potential? Or clear commitment to the traditional...

Many studies have established that people care a great deal about their relative economic position and not solely, as standard economic theory assumes, about their absolute economic position. However, behavioral evidence is rare. This paper provides an empirical analysis on how individuals'...

Many studies have established that people care a great deal about their relative economic position and not solely, as standard economic theory assumes, about their absolute economic position. However, behavioral evidence is rare. This paper provides an empirical analysis on how individuals'...

Many studies have established that people care a great deal about their relative economic position and not solely, as standard economic theory assumes, about their absolute economic position. However, behavioral evidence is rare. This paper provides an empirical analysis on how individuals'...

Relative income differences are likely to lead to envy within a reference group. Envy in turn influences social behavior and on individual performance. While positional concerns are apparent in daily life, empirical evidence is rare in the economic literature. This paper investigates the impact...