{"title":"The transfer market for sports players - A contest theory approach","authors":"Yizhaq Minchuk","doi":"10.1016/j.serev.2024.100035","DOIUrl":null,"url":null,"abstract":"<div><p>The transfer market for sports players is analyzed using a contest theory approach. A sports team exerts two types of effort in order to attract a player: productive effort, for which the team incurs a cost only if the player signs a contract with them; and persuading effort, for which the team incurs a cost regardless. The findings describe the conditions under which there will be no persuading effort, as well as the impact of persuading effort on productive effort and the contestant's utility.</p></div>","PeriodicalId":101182,"journal":{"name":"Sports Economics Review","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2024-05-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Sports Economics Review","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S2773161824000120","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
The transfer market for sports players is analyzed using a contest theory approach. A sports team exerts two types of effort in order to attract a player: productive effort, for which the team incurs a cost only if the player signs a contract with them; and persuading effort, for which the team incurs a cost regardless. The findings describe the conditions under which there will be no persuading effort, as well as the impact of persuading effort on productive effort and the contestant's utility.
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