When heterogeneous players make strategic investment decisions in multi-stage contests, they might conserve resources in a current contest to spend more in a subsequent contest, if the degree of heterogeneity in the current (subsequent) contest is sufficiently large (small). We confirm these...

Industrial companies face the particular challenge of developing new products and services in traditionally goods-centered environments. Using panel data from 558 German industrial companies, this article analyzes the financial performance consequences of product and service innovations. The...

We study strategic investment decisions in multi-stage contests with heterogeneous players. Our theoretical model of a round-robin rank-order tournament predicts that players conserve resources in a current contest to spend more in the subsequent contest if the degree of heterogeneity in the...

We investigate the hot hand hypothesis in professional darts in a nearly ideal setting with minimal to no interaction between players. Considering almost 1 year of tournament data, corresponding to 167492 dart throws in total, we use state space models to investigate serial dependence in...

A large part of the theoretical tournament literature argues that rank-order tournaments only unfold their incentive effects if the contestants all have similar prospects of winning. In heterogeneous fields, the outcome of the tournament is relatively clear and the contestants reduce their...

Teams, in both firms and in sports, jointly produce a product. While a fixed task is assigned to each member of a team, the individual team productivity of a worker or player is difficult to conceptualize. This is particularly true, if this concept is aimed to be operable on observable data. In...

Den Workshop Hochschulmanagement der wissenschaftlichen Kommission Hochschulmanagement im Verband der Hochschullehrer für Betriebswirtschaft (VHB) gibt es seit 20 Jahren. Es werden die Orte der 20 Workshops dargestellt, die Zahl der Vorträge, ihre Themen und Autoren sowie daraus resultierende...

[Vorwort der Herausgeber:] Die Jahrestagung des Arbeitskreises Sportökonomie im Juni 2022 war in mehrfacher Hinsicht ein besonderes Ereignis: Zum einen konnte nach den mühsamen Pandemie-Jahren zum ersten Mal wieder in Präsenz getagt werden. Zum anderen handelte es sich um die mittlerweile 25....