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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...
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Der vorliegende Beitrag argumentiert, daß die regionale Arbeitsmarktsituation (Zugänge in Arbeitslosigkeit und Zugänge an freien Stellen) die Entscheidung von Arbeitnehmern, eine Kündigungsschutzklage einzureichen, deutlich beeinflußt. Regressionsanalysen mit amtlichen Daten für die...
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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...
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