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This paper analyzes the pattern of player substitutions during a soccer match using data from the Spanish First Division in the 2004—2005 season. We use an inverse Gaussian hazard model to analyze the first substitutions on each team taking place either at halftime or in the second half...
Persistent link: https://www.econbiz.de/10011139120
This paper analyzes the pattern of player substitutions during a soccer match, using data from the First Division (Primera División) of the Spanish National Soccer League in the 2004-2005 season. To do so, an inverse Gaussian hazard model is adopted to analyze the first substitutions of each...
Persistent link: https://www.econbiz.de/10005761263
This article analyses technical efficiency of football clubs in the Spanish Football League Division 1 (Primera Liga) from the seasons 1995-1996 to 2004-2005 with an unbalanced panel data. The random frontier model is used, allowing the identification of random variables in the cost frontier. It...
Persistent link: https://www.econbiz.de/10008466800
Using the random stochastic frontier model, this paper examines the technical efficiency of the English football Premier League from 1998/99 to 2003/04. The model disentangles homogenous and heterogeneous variables in the cost function, which leads us to advise the implementation of common...
Persistent link: https://www.econbiz.de/10005171139
A stochastic production frontier was used to measure the initial (i.e., bi-weekly) economic effects of hurricanes on commercial grouper (Serranidae) production in the Exclusive Economic Zone of the United States Gulf of Mexico from 2005 to 2009. We estimated the economic effects of productivity...
Persistent link: https://www.econbiz.de/10010996562
Persistent link: https://www.econbiz.de/10005687929
Persistent link: https://www.econbiz.de/10005731729
In this article, we use a stochastic frontier latent class model to estimate the technology of dairy farms according to their degree of intensification. The results are compared with a model which assumes that the technology is common to all farms. The empirical analysis uses data on a balanced...
Persistent link: https://www.econbiz.de/10008675590
A growing literature examines adverse behavior as unintended consequences of incentives. We test Lazear's hypothesis that states that if rewards were dependent solely on relative performance then an increase in rewards would induce agents to engage in sabotage activity to reduce rivals' output....
Persistent link: https://www.econbiz.de/10009004622
In labor markets where few companies compete for many workers, economic theory predicts monopsony rents. Surprisingly, soccer clubs do not profit from the expected rents. The purpose of this study is to explain such contradictory evidence. <P>Our model and empirical test, using data obtained from...</p>
Persistent link: https://www.econbiz.de/10005443248