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On the evaluation of soccer players: a comparison of a new game-theoretical approach to classic performance measures

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  • Benjamin R. Auer
  • Tobias Hiller

Abstract

In this article, we analyse the relation of a new measure for evaluating the importance of soccer players, recently proposed by Hiller (2015), to classic metrics of player performance. Using state-of-the-art bootstrap correlation testing and a data set of teams for the German soccer league (Bundesliga), we find evidence that even though this new game-theoretical approach has no significant correlation to a large number of performance measures, it is significantly related to some of the most important measures typically used in academic research (e.g. the player scores published by sports magazines and the number of played matches). These results indicate that the theoretically appealing new measure can be considered an interesting variable in pay-performance regressions and should be used accordingly in future research.

Suggested Citation

  • Benjamin R. Auer & Tobias Hiller, 2015. "On the evaluation of soccer players: a comparison of a new game-theoretical approach to classic performance measures," Applied Economics Letters, Taylor & Francis Journals, vol. 22(14), pages 1100-1107, September.
    • Handle: RePEc:taf:apeclt:v:22:y:2015:i:14:p:1100-1107
    DOI: 10.1080/13504851.2015.1005809
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    References listed on IDEAS

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    7. Auer, Benjamin R. & Schuhmacher, Frank, 2013. "Robust evidence on the similarity of Sharpe ratio and drawdown-based hedge fund performance rankings," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 24(C), pages 153-165.
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    11. Benjamin Auer & Martin Schuster, 2011. "Does the financial crisis influence the random walk behaviour of international stock markets?," Applied Economics Letters, Taylor & Francis Journals, vol. 18(4), pages 319-323.
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    Cited by:

    1. António Sérgio Ribeiro & Francisco Lima & Sascha Kraus & Ferran Calabuig, 2022. "Tournaments within football teams: players’ performance and wages," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 35(1), pages 4884-4901, December.
    2. Tobias Hiller, 2018. "On the Stability of Couples," Games, MDPI, vol. 9(3), pages 1-10, July.
    3. Rodolfo Metulini & Giorgio Gnecco, 2023. "Measuring players’ importance in basketball using the generalized Shapley value," Annals of Operations Research, Springer, vol. 325(1), pages 441-465, June.
    4. Eremin, G., 2018. "Analysis of Factors Influencing the Pricing of Transfers in European Professional Football," Journal of the New Economic Association, New Economic Association, vol. 40(4), pages 174-183.
    5. Hiller Tobias, 2021. "Who Bears an Employee’s Special Annual Payment?," Review of Law & Economics, De Gruyter, vol. 17(1), pages 223-237, March.

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