Süssmuth, Bernd; Wagner, Stefan - In: Jahrbücher für Nationalökonomie und Statistik 232 (2012) 3, pp. 258-278
Summary Against the background of growing media interest in professional soccer, this paper proposes a moral hazard model with costly state verification to explain how rule changes affecting the reward scheme of team performance impact on the success of managerial change. As has been shown...
