So far the “market power view” has been the dominant perspective of look-ing at the institutional setup of American major leagues. As useful as the in-sights generated by this approach may at the level of competition policy, they do not shed much light on the question of internal league...

In der Schweizer Waldwirtschaft orientieren sich die Grenzen der Forstreviere häufig an den Grenzen der Gemeindeperimeter. Revierleitung und Leitung des revieransässigen öffentlichen Forstbetriebes liegen traditionell in der Hand einer Person. Die aktuelle Diskussion über die...

This paper applies contest theory to provide an integrated framework of a team sports league and analyses the competitive interaction between clubs. We show that dissipation of the league revenue arises from `overinvestment' in playing talent as a direct consequence of the ruinous competitive...

The purpose of this study is to analyze whether previous results describing the effect of uncertainty of outcome on match attendance in team sports have been driven by heterogeneity in fan demand. We apply censored quantile regression methods and place particular emphasis on the relationship...

Our paper analyzes the incentive structures for academics in US and German Higher Education that have developed under different institutional frameworks. Both incentive structures are internally consistent in the sense that they fit into their specific institutional background. Whereas the...

This paper studies the relationship between talent disparity and team productivity based on panel data from German soccer teams. Holding average ability and unobserved team heterogeneity constant, we find evidence that the players selected to play on the competition team should be rather...