Feess, Eberhard; Gerfin, Michael; Muehlheusser, Gerd - Institute for the Study of Labor (IZA) - 2008
, we develop a theoretical and empirical framework in the context of European professional soccer where (incumbent) clubs … contracting parties. From a social point of view, however, they lead to allocative distortions in the form of deterring efficient … parties, but there is no empirical evidence on this issue so far. To test some basic qualitative properties of this literature …