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Many industries are impacted by "superstars," where a select few individuals add tremendous economic value. This paper estimates fan willingness-to-pay for superstars in the National Basketball Association, and, in particular, distinguishes between demand for player skill versus player...
Persistent link: https://www.econbiz.de/10012840820
When organizational structures and contractual arrangements face agents with a significant risk of termination in the short term, such agents may under-invest in projects whose results would be realized only in the long term. We use NBA data to study how risk of termination in the short term...
Persistent link: https://www.econbiz.de/10012937354
The 1997 collective bargaining agreement between the Major League Baseball (MLB) owners and players' union introduced a luxury tax on club payrolls. The purpose of the tax was to restrain spending by the highest revenue producing clubs, thus enhancing completive balance. The 2003 collective...
Persistent link: https://www.econbiz.de/10013006841
We test the soccer myth suggesting that a particularly good moment to score a goal is just before half time. To this end, rich data on 1,179 games played in the UEFA Champions League and UEFA Europa League are analysed. In contrast to the myth, we find that, conditional on the goal difference...
Persistent link: https://www.econbiz.de/10011484373
We investigate whether the home advantage in soccer differs by various dimensions of distance between the (regions of the) home and away teams: geographical distance, climatic differences, cultural distance, and disparities in economic prosperity. To this end, we analyse 2,012 recent matches...
Persistent link: https://www.econbiz.de/10012870366
We are the first to investigate whether the introduction of additional assistant referees in the UEFA Europa League (in season 2009-2010) and the UEFA Champions League (in season 2010-2011) was associated with lower referee bias. To this end, we analyse a unique database with pre- and...
Persistent link: https://www.econbiz.de/10012870368
This paper studies the causes and consequences of in-season changes of the headcoach of association football teams. We … exploit data from the highest level of Dutch professional football during 14 successive seasons. An in-season change of the …
Persistent link: https://www.econbiz.de/10013053126
The authors investigate whether the home advantage in soccer differs by various dimensions of distance between the (regions of the) home and away teams: geographical distance, climatic differences, cultural distance, and disparities in economic prosperity. To this end, they analyse 2,012 recent...
Persistent link: https://www.econbiz.de/10011990897
We investigate whether the home advantage in soccer differs by various dimensions of distance between the (regions of the) home and away teams: geographical distance, climatic differences, cultural distance, and disparities in economic prosperity. To this end, we analyse 2,012 recent matches...
Persistent link: https://www.econbiz.de/10012162022
The authors investigate whether the home advantage in soccer differs by various dimensions of distance between the (regions of the) home and away teams: geographical distance, climatic differences, cultural distance, and disparities in economic prosperity. To this end, the authors analyse 2,012...
Persistent link: https://www.econbiz.de/10012130822