Add to ORKGWe perform a theoretical and empirical analysis of the impact of transfer fee regulations on professional soccer in Europe. Based on a model on the interaction of moral hazard and heterogeneity, we show (i) how the regulations effect contract durations and wages, (ii) that contracting parties have an incentive to agree upon inefficiently long contracts, (iii) how these incentives vary with the legal system, and (iv) how the relationship between contract duration and performance also depends on the legal system. With one exception, all theoretical results are empirically confirmed using a comprehensive data set from the top German Soccer League ("Bundesliga")
In light of the increasing flow of millions of dollars into the sports industry during the last two ...
This paper examines whether the Bosman ruling plays an important role in the market for native socce...
We study the effects of completing the legal framework of matchmakers with a rule designating which ...
Recent theoretical research has identified many ways how contracts can be used as rentseeking device...
We discuss the effects of three different transfer fee systems in European football on contract leng...
Transfer restrictions have a long tradition in professional sports but came under heavy attack in re...
The empirical analysis of the impact of long-term contracts on performance is challeng-ing for two r...
Peter Sloane's seminal article in this journal on the objectives of football clubs argued that utili...
This paper investigates the determinants of transfer fees among professional soccer players in Europ...
Transfer restrictions have a long tradition in professional sports but came under heavy attack in re...
This study focuses on developing a model for transfer fees paid for the players sold to the fifteen ...
Billions of euros are invested every year by professional football clubs for the recruitment of play...
Abstract The release of players from a club to the national team often leads to a conflict concernin...
bielefeld.de We are grateful to Bernd Frick, Francine Lafontaine and Sebastian Kranz for their comme...
Most professional sports contain rules and regulations governing labour that do not apply in most ot...
In light of the increasing flow of millions of dollars into the sports industry during the last two ...
This paper examines whether the Bosman ruling plays an important role in the market for native socce...
We study the effects of completing the legal framework of matchmakers with a rule designating which ...
Recent theoretical research has identified many ways how contracts can be used as rentseeking device...
We discuss the effects of three different transfer fee systems in European football on contract leng...
Transfer restrictions have a long tradition in professional sports but came under heavy attack in re...
The empirical analysis of the impact of long-term contracts on performance is challeng-ing for two r...
Peter Sloane's seminal article in this journal on the objectives of football clubs argued that utili...
This paper investigates the determinants of transfer fees among professional soccer players in Europ...
Transfer restrictions have a long tradition in professional sports but came under heavy attack in re...
This study focuses on developing a model for transfer fees paid for the players sold to the fifteen ...
Billions of euros are invested every year by professional football clubs for the recruitment of play...
Abstract The release of players from a club to the national team often leads to a conflict concernin...
bielefeld.de We are grateful to Bernd Frick, Francine Lafontaine and Sebastian Kranz for their comme...
Most professional sports contain rules and regulations governing labour that do not apply in most ot...
In light of the increasing flow of millions of dollars into the sports industry during the last two ...
This paper examines whether the Bosman ruling plays an important role in the market for native socce...
We study the effects of completing the legal framework of matchmakers with a rule designating which ...