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Talent And/Or Popularity: What Does It Take To Be A Superstar?

  • EGON FRANCK
  • STEPHAN NÜESCH

We show that both talent and popularity significantly contribute to stars’ market values in German soccer. The talent-versus-popularity controversy on the sources of stardom goes back to Rosen (1981) and Adler (1985). All attempts to resolve the controversy empirically face the difficulty of accurately identifying talent. In professional sports, rank-order tournaments help in ascertaining talent. Analyzing a team production setting, we make use of a large number of performance indicators to estimate a player’s talent according to his contribution to the team’s winning chances.

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File URL: http://hdl.handle.net/10.1111/j.1465-7295.2010.00360.x
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Article provided by Western Economic Association International in its journal Economic Inquiry.

Volume (Year): 50 (2012)
Issue (Month): 1 (01)
Pages: 202-216

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Handle: RePEc:bla:ecinqu:v:50:y:2012:i:1:p:202-216
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  2. Marie Connolly & Alan Krueger, 2005. "Rockonomics: The Economics of Popular Music," Working Papers 878, Princeton University, Department of Economics, Industrial Relations Section..
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