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College presidents and football coaches are frequently criticized for their high compensation. In this paper, we argue … that these criticisms are unmerited, as the markets for both college presidents and football coaches exhibit properties … programs they manage, as well as their potential for value creation. Successful college presidents and football coaches can …
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We study the role of explicit and implicit incentives in a competitive labor market with no internal promotion opportunities. We find that explicit incentives explain only a small fraction of the total incentives, as the likelihood of new employment and renegotiation of current employment on...
Persistent link: https://www.econbiz.de/10014154741
-term contracts. They cannot switch clubs before their contract expires unless the old club agrees to let them go; transfer fee is the …
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I empirically test for a separating equilibrium in the bargaining contract of National Football League (NFL) contract … negotiations. The separating equilibrium predicts that a player who delays contractual agreement signs a more lucrative contract … and has positive private information on his ability level at the time of contract negotiations. These predictions are …
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In this paper we consider trends in the distribution of player talent across association football clubs over time …
Persistent link: https://www.econbiz.de/10011522674
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