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Nomination contests: theory and empirical evidence from professional soccer

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  • Miklós-Thal, Jeanine
  • Ullrich, Hannes

Abstract

This paper develops a theory of contests based on perceived abilities, and provides evidence for the predictions of this theory using panel data from professional soccer. We examine how soccer players perform in club matches during the informal)nomination contests for national teams prior to an important international Cup, the Euro 2008. Our differences-in-differences analysis uses players from nonqualified nations who play in the same league as a control group. We find a large positive effect of nomination contest participation on several output measures for players with intermediate chances of being nominated, as proxied by past national team participations. For players with no prior national team experience there is no significant effect. We also find support for the theory that players whose nomination is close to certain reduce their effort in order to avoid injuries or exhaustion prior to the Cup. Finally, any positive reaction is strongest for young players. --

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Bibliographic Info

Paper provided by ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research in its series ZEW Discussion Papers with number 09-027.

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Date of creation: 2009
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Handle: RePEc:zbw:zewdip:09027

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  1. Judith Chevalier & Glenn Ellison, 1999. "Career Concerns Of Mutual Fund Managers," The Quarterly Journal of Economics, MIT Press, vol. 114(2), pages 389-432, May.
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  6. Margaret A. MEYER, 1992. "Biased Contests and Moral Hazard: Implications for Career Profiles," Annales d'Economie et de Statistique, ENSAE, issue 25-26, pages 165-187.
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  9. Ehrenberg, Ronald G & Bognanno, Michael L, 1990. "Do Tournaments Have Incentive Effects?," Journal of Political Economy, University of Chicago Press, vol. 98(6), pages 1307-24, December.
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  12. Judith Chevalier & Glenn Ellison, 1999. "Are Some Mutual Fund Managers Better Than Others? Cross-Sectional Patterns in Behavior and Performance," Journal of Finance, American Finance Association, vol. 54(3), pages 875-899, 06.
  13. Rosen, Sherwin, 1986. "Prizes and Incentives in Elimination Tournaments," American Economic Review, American Economic Association, vol. 76(4), pages 701-15, September.
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  15. Harrison Hong & Jeffrey D. Kubik & Amit Solomon, 2000. "Security Analysts' Career Concerns and Herding of Earnings Forecasts," RAND Journal of Economics, The RAND Corporation, vol. 31(1), pages 121-144, Spring.
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