Several determinants of player values like productivity and human capital have been investigated in previous research; however, the influence of individual effort has been neglected. This study assumes that effort could be a signaling device and analyzes the effect of effort on market values of...

Using detailed information on every single player who appeared in at least one match in the history of the first division in German soccer between 1963/64 and 2002/03 we study the determinants of individual career duration. Although team characteristics and changes in the institutional...

This comprehensive Handbook provides a survey of all the major research areas in sports economics written by almost all of the active researchers in this field. It offers not only an accessible insight into the major findings of the literature but also presents some of the world’s...

The purpose of this article is to describe the financial situation and the development of club finances of the German “Bundesligaâ€. Using data provided by the football association and data collected from a number of different sources we find that the majority of the teams are...

This article analyzes the dismissal of head coaches in the top tier of German professional football, the "Bundesliga". A random parameter logit model is used to analyse the characteristics that are associated with the probability of a coach to be dismissed, taking into account uncontrolled...

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...

Corruption in general and doping in particular are ubiquitous in both amateur and professional sports and have taken the character of a systemic threat. In creating unfair advantages, doping distorts the level playing field in sporting competition. With higher stakes involved, such distortions...

After the lockout season in 2004, the 2005 collective bargaining agreement (CBA) introduced salary regulations, as well as revenue sharing, to the teams of the National Hockey League (NHL) with the aim to restore financial competitiveness. Given these objectives, the question arises if...

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...