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In: University of Zurich, Institute of Business Administration, UZH Business Working Paper No. 396
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In: Meier, P. F., Flepp, R., & Franck, E. (2023). Replication: Do Coaches Stick With What Barely Worked? Evidence of Outcome Bias in Sports. Journal of Economic Psychology, 102664. Available from: https://doi.org/10.1016/j.joep.2023.102664
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In: International Journal of Sport Finance, 16(3), https://doi.org/10.32731/IJSF/163.082021.01
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Working paper
In: Contemporary economic policy: a journal of Western Economic Association International, Volume 30, Issue 3, p. 307-319
ISSN: 1465-7287
This paper analyzes the effects of a percentage‐of‐revenue salary cap in a team sports league with win‐maximizing clubs and flexible talent supply. It shows that a percentage‐of‐revenue cap produces a more balanced league and decreases aggregate salary payments. Taking into account the idiosyncrasies of European football, our paper further highlights the potential conflicts between the league and society. From the perspective of a league governing body, a percentage‐of‐revenue cap always enhances financial stability of win‐maximizing clubs. A social planner, however, will not permit the introduction of such a cap if fans and players unduly suffer. This paper shows under which conditions the social planner accepts (rejects) a salary cap proposed by the league regulator. (JEL D02, D60, L83)
In: International review of law and economics, Volume 29, Issue 2, p. 127-137
ISSN: 0144-8188
In: European Association for Comparative Economic Studies series
Das Standardwerk basiert auf aktuellen institutionenökonomischen Theorien - ergänzt um wesentliche verhaltenswissenschaftliche Einsichten in Entscheidungsprozessen. Besondere Kapitel widmen sich der Organisation wettbewerblicher Rahmenbedingungen sowie kooperativer Aktivitäten, der Binnenorganisation von Unternehmungen und der Organisation und dem Management sogenannter (Service-)Plattformen. Die Themen Organisation von Innovationen, Reorganisationen und Changemanagement runden das Lehrbuch ab.