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A Theoretical Analysis of the Influence of Money Injections on Risk Taking in Football Clubs
Franck, Egon; Lang, Markus - Institut für Strategie und Unternehmensökonomik … - 2013
Third party money injections of benefactors (sugar daddies) function as a bailout mechanism for otherwise insolvent football clubs. The successful implementation of the new UEFA "financial fair play" regulations will abrogate this bailout mechanism. We develop a theoretical model of a...
Persistent link: https://www.econbiz.de/10010876542
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International Sports League Comparisons
Dietl, Helmut; Fort, Rodney; Lang, Markus - Institut für Strategie und Unternehmensökonomik … - 2011
Comparisons between European and North American sports leagues have occurred over the years. In this paper, we attempt …
Persistent link: https://www.econbiz.de/10008876244
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Organizational Differences between U.S. Major Leagues and European Leagues: Implications for Salary Caps
Dietl, Helmut; Franck, Egon; Lang, Markus; Rathke, Alexander - Institut für Strategie und Unternehmensökonomik … - 2010
This paper outlines and compares the organizational structure of major sports leagues, explores the reasoning behind … their formation, and derives implications for salary caps in European football. To understand why sports leagues have … developed a specific organizational structure, one must take the economic peculiarities of team sports leagues into …
Persistent link: https://www.econbiz.de/10008625820
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On the Release of Players to National Teams
Guertler, Oliver; Lang, Markus; Pawlowski, Tim - Institut für Strategie und Unternehmensökonomik … - 2011
The release of players from a club to the national team often leads to a conflict concerning the duration of the players' stay with the national team. Based on a theoretical bargaining model, we examine whether intervention in this conflict by a governing body is desirable. We show that...
Persistent link: https://www.econbiz.de/10009364312
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Overinvestment in Team Sports Leagues: A Contest Theory Model
Dietl, Helmut; Franck, Egon; Lang, Markus - Institut für Strategie und Unternehmensökonomik … - 2005
This paper applies contest theory to provide an integrated framework of a team sports league and analyses the …
Persistent link: https://www.econbiz.de/10009398246
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Evolutionarily Stable Strategies in Sports Contests
Grossmann, Martin - Institut für Strategie und Unternehmensökonomik … - 2011
Abstract: In the recent years, many clubs in the biggest European soccer leagues have run into debts. The sports … equilibrium concept, I apply evolutionary game theory in a sports contest model. If clubs follow evolutionarily stable strategies …
Persistent link: https://www.econbiz.de/10009351463
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Gehaltsobergrenzen und Luxussteuern: Erkenntnisse aus dem professionellen Mannschaftssport
Dietl, Helmut; Duschl, Tobias; Lang, Markus - Institut für Strategie und Unternehmensökonomik … - 2010
Die Regulierung von ManagergehŠltern ist derzeit ein viel diskutiertes Thema in Politik und Medien. In diesem Beitrag wird ein Sektor analysiert, der eine lange Tradition der Gehaltsregulierung aufweist: der professionelle Mannschaftssport. Wir untersuchen die wichtigsten Regulierungspraktiken...
Persistent link: https://www.econbiz.de/10008692923
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Revenue Sharing, Reserve Clause and Salary Caps in Professional Team Sports Leagues
Dietl, Helmut; Franck, Egon; Lang, Markus; Rathke, Alexander - Institut für Strategie und Unternehmensökonomik … - 2008
In this paper, we provide an analysis of the principal economic issues in the professional team sports industry. We …
Persistent link: https://www.econbiz.de/10010757718
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International Sports League Comparisons
Dietl, Helmut; Fort, Rodney; Lang, Markus - Institut für Strategie und Unternehmensökonomik … - 2011
Comparisons between European and North American sports leagues have occurred over the years. In this paper, we attempt …
Persistent link: https://www.econbiz.de/10010757719
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Evolutionarily Stable Strategies in Sports Contests
Grossmann, Martin - Institut für Strategie und Unternehmensökonomik … - 2011
Abstract: In the recent years, many clubs in the biggest European soccer leagues have run into debts. The sports … equilibrium concept, I apply evolutionary game theory in a sports contest model. If clubs follow evolutionarily stable strategies …
Persistent link: https://www.econbiz.de/10010739906