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Download PDF (88.5 Index ABA see American Basketball baseball 18, 93–94, 150–151 Association (ABA) players 114 Adler, M. 75 Basketball Association of America AFL see American Football League (BAA) 14 (AFL) Battré, M. 80 age group Beckham, David 152 effects for youth players 65 behavioral economics 29 selection 60 Bell, Bert 26–27 age intervals, negative effects of 61 Berlinschi, Ruxanda 122, 123 Akerlof, George A. 138–140 Berri, D. J. 32–34, 37–38, 94, 129, 130, theory of lemons 98, 106 151 all-star games 78, 79 Bettman, Gary 153 alternative performance metrics 114 Big 4 leagues 19 Alvarez, A. 122 Bilbao’s development model 125 American Basketball Association Bloom, Matt 130 (ABA) 14 Bognanno, M. L. 128, 143 American Football League (AFL) 14 Borland, J. 55 annual player performance 114 bounded rationality, concept of 29 arbitration Brook, Stacey L. 37–38 eligibility 105 Bryson, Alex 114–115 eligible players 106 Bucciol, Alessandro 130 panels 88 Buraimo, B. 95 Arcidiacono, Peter 115 Burke, Brian 34 Association of Tennis Professionals Büschemann, A. 81 (ATP) 149 rankings 149 career performance 33 World Tour 74 CBAs see collective bargaining assortative matching 48 agreements (CBAs) athletic skills, transferability of 11 CEOs ATP see Association of Tennis dismissals of 168 Professionals (ATP) leadership 10 automatisms 179 performance of 168 average market value 119 ‘The Chart’ 30 Chinese players 113 BAA see Basketball Association of Chinese Professional Baseball League America (BAA) (CPBL) 150–151 Barcelona 125 Chinese soccer league 113 bargaining 12 clubs power 28 football 169 see also collective bargaining foreign 122 agreements (CBAs) groups of 66 185 Neil Longley - 9781786430915 Downloaded from Elgar Online at 10/01/2021 01:17:27PM via free access LONGLEY_9781786430908_t.indd 185 13/09/2018 10:21 186 Personnel economics in sports reputation 180–181 demand volatility 140 specific knowledge 21 dependent variables, summary statistics coaches in professional soccer 168–169 for 157 head coach dismissals in professional Depken, Craig A. 125, 127, 130 soccer 168–178 analysis of Major League Baseball implications for managers 180–181 (MLB) 128 coaching skills 142 designated hitters (DH) 105 cohesiveness model 136–137 designated player 152 collective bargaining agreements Deutscher, C. 81 (CBAs) 15, 82, 107, 130, 154 development 5–7, 21–22 European soccer 19 DFB see German Soccer Association player drafts 16–17 (DFB) player mobility 17–18 DFL see German Soccer League roster size and make-up 16 (DFL) team payrolls and individual player DH see designated hitters (DH) salaries 18–19 difference-in-difference analysis 130 collective judgment, value of 82 disabled list (DL) 89, 93, 107–108 common sense’ model 179 dismissals, head coach 169 communication 80 bonus payments 180 company unions 13 characteristics and performance 178 compensation 7–9 English Premier League 171–172 fees 53 in German Bundesliga 169, 171–172 requirements 17 impact of 171–172 structure 136 motivational roles of 168–169 design of 8 points differential and dismissals types of 74 171, 172 conditional dispersion measures 152 points per game 170 conditional payroll dispersion 140, 153 realized vs. predicted points 171, 172 conditional wage dispersion 140 selected studies using match data confidence 80 174–175 contract length, determinants of 105, selected studies using team and 106 176–177 Cowherd, Douglas M. 139 dispersion co-worker heterogeneity on team measures for 152 performance 112–113 of wages 136 benefits from player migration distribution of births per month 63 121–125 diversity in ethnicity and demographics cultural diversity 118–121 112 heterogeneous ability and 116–118 DL see disabled list (DL) pay dispersion and team domestic leagues 19 performance 125–131 domestic players 121 productivity spillovers 113–116 domestic soccer leagues 120 CPBL see Chinese Professional domestic television rights 120 Baseball League (CPBL) Donley, T. D. 94 cultural diversity 118–121 draft picks 41 culture 21, 23, 110 average performance of 38 drafts 26–28 Davis, Anthony 42 in baseball and hockey 27 DeBrock, Lawrence 150, 151, 153 failed promise of 43 De Grip, Andries 112 history of 32 Neil Longley - 9781786430915 Downloaded from Elgar Online at 10/01/2021 01:17:27PM via free access LONGLEY_9781786430908_t.indd 186 13/09/2018 10:21 Index 187 NFL performance by position in 33 fairness model 136–139, 141, 149, 159 over bidding process 27 for team production 150 quarterbacks in 32 tests of 142–143 rationality 28–29 vs. tournament model 151, 155 systems 12, 48 ‘fair wage-effort’ hypothesis 138 trust the process 34–43 Fenn, Aju 37–38 Duncan, Tim 40–41 FIFA 49 law 52, 53 earned run average (ERA) points and rankings 122–123 coefficient of variation 116 training compensation fees 53, 54 of pitchers 115 firm performance 140 earnings function 75 firm-specific human capital 7 effectiveness of leaders 10 firm-specific knowledge 7 Ehrenberg, R. G. 128, 143 firm-specific skills 7 elimination tournaments 149 firm-specific training 5, 6 elite soccer education 49 football clubs, performance of 169 elite youth academies 50 footballer migration 123 minimum requirements for 51 foreign basketball players 122 under weighted evaluation criteria foreign clubs, footballer migration to for 51 122 elite youth education 65 foreign players 122 ELO, points and rankings 123–125 integration of 121 empirical model 128 former co-workers 112 empirical tests franchises, scarcity of 11 from non-sports markets 139–140 Franck, Egon 116–117 from sports markets 141 free agency 88 employer-employee relations 2, 7, 10 institutional change 89 radical transformation of 13 rights 14 in sports 12–13 free agents employment performance 105–108 contracts 8 restricted vs. unrestricted 17 market in professional sports 10–11 status 101, 105–108 entrepreneurship 55 Frick, Bernd 95 ERA see earned run average (ERA) Friedman, Milton 28–29 Eriksson, Tor 139 estimation, model for 115–116 Generalized Method of Moments European professional soccer 19, 47–49 (GMM) 151 German youth recruitment system general skills 7 49–54 general training 5 labor market for young athletes German Bundesliga 95, 116, 170–171, 54–57 173 matching and determinants of expenses for youth recruitment 52 professional career 57–59 head coaches dismissals in 169 relative age effects 59–66 German establishments 112 European youth soccer German Soccer Association (DFB) 47, reference market for 49 49, 66 selection process in 48 youth regulations 53 Europe elite youth education 47 German Soccer League (DFL) 47 executive pay dispersion 139 elite youth academies under 50, 51 experience 76 market evaluation 50 Neil Longley - 9781786430915 Downloaded from Elgar Online at 10/01/2021 01:17:27PM via free access LONGLEY_9781786430908_t.indd 187 13/09/2018 10:21 188 Personnel economics in sports German soccer, youth recruitment Hinkie, Sam 41 system in 47 hiring 20–21 Germany 47, 61 hitters, positive for 114 Gini coefficient 61, 128, 129, 142, 152 Hoang, H. 78 of predicted salaries 129–130 Holmstrom, B. 96 of residual salary 130 human capital 48, 54, 56 Glitz, Albrecht 112 accumulation 123 GMM see Generalized Method of club-specific 58 Moments (GMM) firm-specific 7 Gould, Eric D. 113, 114 soccer-related 47, 55 ‘Grand Slam’ tournaments 149 soccer-specific 59 Greer, Price, and Berri 36 standard/traditional concepts of 81 Griffin, Robert 29–30 team-specific 58 groups of clubs 66 variables 79 Hakes, J. K. 99 Ichniowski, Casey 123–125 Hamilton, B. 118 incentives 7–9, 22, 89 Hart, O. 96 clauses and bonuses 93 head coach dismissals 169 compatible mechanisms 93 bonus payments 180 individual clubs 19 characteristics and performance 178 individual ‘permanent’ productivity English Premier League 171–172 116–117 in German Bundesliga 169, 171–172 individual player salaries 18–19, 155 impact of 171–172 individual skill differences 156 motivational roles of 168–169 individual sports 142, 143–144 points differential and dismissals inequality measures 116 171, 172 information asymmetries 65 points per game 170 Ingersoll, Keith 119, 120 realized vs. predicted points 171, 172 injuries 56, 59 selected studies using match data innovation process 48 174–175 instability, popular notion of 106–107 selected studies using team and International Motor Sports 176–177 Association (IMSA) 143 healthy shock effect 179 intra-firm wage differences 138 Heckman, J. 99 intra-team pay dispersion 151–152 selection model 122 invitational foot races 143 Herfindahl-Hirschman index (HHI) 120–121, 128, 142 Jewell, R. Todd 151 model effects of 121 job separation 58 heterogeneity job shopping 58 levels of 115 Jovanovic, B. 57 in player ability 115 heterogeneous ability 116–118 Kahane, Leo H. 121, 123, 151–153, 156 heterogeneous work teams 116–118 Kahn, L. 99, 100–101, 113 Heyman, Fredrik 140 Kahn-Maxcy approach 100 HHI see Herfindahl-Hirschman index Krautmann, A. C. 92, 94, 97, 100–101 (HHI) Hickman, D. 80 labor contracts in sports 90 hierarchical pay structure 152 labor market research 141 higher education 55 Langton, Nancy 140 Neil Longley - 9781786430915 Downloaded from Elgar Online at 10/01/2021 01:17:27PM via free access LONGLEY_9781786430908_t.indd 188 13/09/2018 10:21 Index 189 Lazear, E. 9, 10, 74, 118, 119, 138 ‘Master Series’ tournaments 149 leaders matching quality, gathering private effectiveness of 10 information to assess 58 impact of 168 match-specific productivity 2 leadership skills 79–80 Matthew effect 60 league structures 113 Maxcy, Fort, and Krautmann (MFK) Lehmann and Schulze 79 contribution of 93 Levine, David I. 138, 139 interpretation of strategic behavior linguistic distance 119 95 standard deviation rise in 119 Maxcy, J. 89, 92, 99, 100–101, 105, 106, long-term contracts 152 probability of 99 empirical analysis 92 in professional sports 97 negotiating and contracting process as risk allocation 96 in MLB 99 lottery picks 41–42 theoretical model of contracting Lucifora, C.
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