Wer ist der beste Formel 1 Fahrer? Eine ökonometrische Talentbewertung
AbstractWho is the best Formula 1 driver? Until today it was impossible to answer this question because the observable performance of a driver depends both on his talent and the quality of his cars. In this article we separate for the first time driver talent from car quality by econometrically analyzing data for 57 years of Formula 1 racing. Our estimates also control for the number of drivers finishing, technical breakdowns and many other variables that influence race results. While Michael Schumacher is often believed to be the best driver, he is overtaken by Juan Manuel Fangio and Jim Clark. Copyright 2008 die Autoren Journal compilation 2008, Verein für Socialpolitik und Blackwell Publishing Ltd.
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Bibliographic InfoArticle provided by Verein für Socialpolitik in its journal Perspektiven der Wirtschaftspolitik.
Volume (Year): 9 (2008)
Issue (Month): 4 (November)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=1465-6493
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"The Power of Positional Concerns: A Panel Analysis,"
School of Economics and Finance Discussion Papers and Working Papers Series
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- Benno Torgler & Sascha L. Schmidt & Bruno S. Frey, 2008.
"The Power of Positional Concerns,"
CREMA Working Paper Series
2008-07, Center for Research in Economics, Management and the Arts (CREMA).
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