IDEAS home Printed from https://ideas.repec.org/a/eee/jeborg/v218y2024icp309-324.html
   My bibliography  Save this article

Performance and beauty in sports ̶on the market value and popularity of European female soccer players

Author

Listed:
  • Pieper, Marco
  • Schulze, Günther G.

Abstract

We analyze the role of performance and beauty for the market value and the social media popularity of all female soccer players who took part in the European Championship 2022. Controlling for team and position effects, we find that the players’ market values are determined by a set of performance indicators and their social media popularity, which in turn is determined by the performance and facial attractiveness of the players. Thus, while beauty has no statistically significant direct effect on players’ market values it indirectly affects their values through the effect on social media popularity.

Suggested Citation

  • Pieper, Marco & Schulze, Günther G., 2024. "Performance and beauty in sports ̶on the market value and popularity of European female soccer players," Journal of Economic Behavior & Organization, Elsevier, vol. 218(C), pages 309-324.
    • Handle: RePEc:eee:jeborg:v:218:y:2024:i:c:p:309-324
    DOI: 10.1016/j.jebo.2023.12.021
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0167268123004572
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.jebo.2023.12.021?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Hamermesh, Daniel S. & Parker, Amy, 2005. "Beauty in the classroom: instructors' pulchritude and putative pedagogical productivity," Economics of Education Review, Elsevier, vol. 24(4), pages 369-376, August.
    2. Ralph Stinebrickner & Todd Stinebrickner & Paul Sullivan, 2019. "Beauty, Job Tasks, and Wages: A New Conclusion about Employer Taste-Based Discrimination," The Review of Economics and Statistics, MIT Press, vol. 101(4), pages 602-615, October.
    3. Berggren, Niclas & Jordahl, Henrik & Poutvaara, Panu, 2010. "The looks of a winner: Beauty and electoral success," Journal of Public Economics, Elsevier, vol. 94(1-2), pages 8-15, February.
    4. Doorley, Karina & Sierminska, Eva, 2015. "Myth or fact? The beauty premium across the wage distribution in Germany," Economics Letters, Elsevier, vol. 129(C), pages 29-34.
    5. López Bóo, Florencia & Rossi, Martín A. & Urzúa, Sergio S., 2013. "The labor market return to an attractive face: Evidence from a field experiment," Economics Letters, Elsevier, vol. 118(1), pages 170-172.
    6. Raymond Fisman & Sheena S. Iyengar & Emir Kamenica & Itamar Simonson, 2006. "Gender Differences in Mate Selection: Evidence From a Speed Dating Experiment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 121(2), pages 673-697.
    7. S. Baert & L. Decuypere, 2014. "Better sexy than flexy? A lab experiment assessing the impact of perceived attractiveness and personality traits on hiring decisions," Applied Economics Letters, Taylor & Francis Journals, vol. 21(9), pages 597-601, June.
    8. Marc Lochbaum & Mackenzie Sherburn & Cassandra Sisneros & Sydney Cooper & Andrew M. Lane & Peter C. Terry, 2022. "Revisiting the Self-Confidence and Sport Performance Relationship: A Systematic Review with Meta-Analysis," IJERPH, MDPI, vol. 19(11), pages 1-19, May.
    9. Andreoni, James & Petrie, Ragan, 2008. "Beauty, gender and stereotypes: Evidence from laboratory experiments," Journal of Economic Psychology, Elsevier, vol. 29(1), pages 73-93, February.
    10. Egon Franck & Stephan Nüesch, 2012. "Talent And/Or Popularity: What Does It Take To Be A Superstar?," Economic Inquiry, Western Economic Association International, vol. 50(1), pages 202-216, January.
    11. Bradley J. Ruffle & Ze'ev Shtudiner, 2015. "Are Good-Looking People More Employable?," Management Science, INFORMS, vol. 61(8), pages 1760-1776, August.
    12. Fletcher, Jason M., 2009. "Beauty vs. brains: Early labor market outcomes of high school graduates," Economics Letters, Elsevier, vol. 105(3), pages 321-325, December.
    13. Giam Pietro Cipriani & Angelo Zago, 2011. "Productivity or Discrimination? Beauty and the Exams," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 73(3), pages 428-447, June.
    14. Pierre-André Chiappori & Sonia Oreffice & Climent Quintana-Domeque, 2012. "Fatter Attraction: Anthropometric and Socioeconomic Matching on the Marriage Market," Journal of Political Economy, University of Chicago Press, vol. 120(4), pages 659-695.
    15. Rosenblat, Tanya, 2008. "The Beauty Premium: Physical Attractiveness and Gender in Dictator Games," Staff General Research Papers Archive 13001, Iowa State University, Department of Economics.
    16. Hamermesh, Daniel S & Biddle, Jeff E, 1994. "Beauty and the Labor Market," American Economic Review, American Economic Association, vol. 84(5), pages 1174-1194, December.
    17. Gabriel S. Lenz & Chappell Lawson, 2011. "Looking the Part: Television Leads Less Informed Citizens to Vote Based on Candidates’ Appearance," American Journal of Political Science, John Wiley & Sons, vol. 55(3), pages 574-589, July.
    18. John Karl Scholz & Kamil Sicinski, 2015. "Facial Attractiveness and Lifetime Earnings: Evidence from a Cohort Study," The Review of Economics and Statistics, MIT Press, vol. 97(1), pages 14-28, March.
    19. Rey Hernández-Julián & Christina Peters, 2017. "Student Appearance and Academic Performance," Journal of Human Capital, University of Chicago Press, vol. 11(2), pages 247-262.
    20. Linn-Brit Bakkenbüll & Stephanie Kiefer, 2015. "Are Attractive Female Tennis Players More Successful? An Empirical Analysis," Kyklos, Wiley Blackwell, vol. 68(4), pages 443-458, November.
    21. Helmut Dietl & Anil Özdemir & Andrew Rendall, 2018. "The Role of Physical Attractiveness in Tennis TV-Viewership," Working Papers 376, University of Zurich, Department of Business Administration (IBW).
    22. Biddle, Jeff E & Hamermesh, Daniel S, 1998. "Beauty, Productivity, and Discrimination: Lawyers' Looks and Lucre," Journal of Labor Economics, University of Chicago Press, vol. 16(1), pages 172-201, January.
    23. Lawrence M. Kahn, 2000. "The Sports Business as a Labor Market Laboratory," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 75-94, Summer.
    24. Chan, Ho Fai & Ulrich, Fabian & Altman, Hannah & Schmidt, Sascha L. & Schreyer, Dominik & Torgler, Benno, 2022. "Beyond performance? The importance of subjective and objective physical appearance in award nominations and receptions in football," Journal of Economic Behavior & Organization, Elsevier, vol. 204(C), pages 271-289.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Dilmaghani, Maryam, 2020. "Beauty perks: Physical appearance, earnings, and fringe benefits," Economics & Human Biology, Elsevier, vol. 38(C).
    2. Chan, Ho Fai & Ulrich, Fabian & Altman, Hannah & Schmidt, Sascha L. & Schreyer, Dominik & Torgler, Benno, 2022. "Beyond performance? The importance of subjective and objective physical appearance in award nominations and receptions in football," Journal of Economic Behavior & Organization, Elsevier, vol. 204(C), pages 271-289.
    3. Mavisakalyan, Astghik, 2018. "Do employers reward physical attractiveness in transition countries?," Economics & Human Biology, Elsevier, vol. 28(C), pages 38-52.
    4. Babin, J. Jobu & Chauhan, Haritima S. & Kistler, Steven L., 2024. "When pretty hurts: Beauty premia and penalties in eSports," Journal of Economic Behavior & Organization, Elsevier, vol. 217(C), pages 726-741.
    5. Deryugina, Tatyana & Shurchkov, Olga, 2015. "Now you see it, now you don’t: The vanishing beauty premium," Journal of Economic Behavior & Organization, Elsevier, vol. 116(C), pages 331-345.
    6. Ahmed, Shaker & Ranta, Mikko & Vähämaa, Emilia & Vähämaa, Sami, 2023. "Facial attractiveness and CEO compensation: Evidence from the banking industry," Journal of Economics and Business, Elsevier, vol. 123(C).
    7. Adamopoulou, Effrosyni & Kaya, Ezgi, 2024. "Beautiful inside and out: Peer characteristics and academic performance," Journal of Economic Behavior & Organization, Elsevier, vol. 217(C), pages 507-532.
    8. Astghik Mavisakalyan, 2016. "Looks matter: Attractiveness and employment in the former soviet union," Bankwest Curtin Economics Centre Working Paper series WP1604, Bankwest Curtin Economics Centre (BCEC), Curtin Business School.
    9. Jobu Babin, J. & Hussey, Andrew & Nikolsko-Rzhevskyy, Alex & Taylor, David A., 2020. "Beauty Premiums Among Academics," Economics of Education Review, Elsevier, vol. 78(C).
    10. Deng, Weiguang & Li, Dayang & Zhou, Dong, 2019. "Beauty and Job Accessibility: New Evidence from a Field Experiment," GLO Discussion Paper Series 369, Global Labor Organization (GLO).
    11. Eiji Yamamura & Ryohei Hayashi & Yoshiro Tsutsui & Fumio Ohtake, 2022. "Racers’ attractive looks, popularity, and performance: how do speedboat racers react to fans’ expectations?," The Japanese Economic Review, Springer, vol. 73(4), pages 597-623, October.
    12. Guodong Guo & Brad R. Humphreys & Qiangchang Wang & Yang Zhou, 2023. "Attractive or Aggressive? A Face Recognition and Machine Learning Approach for Estimating Returns to Visual Appearance," Journal of Sports Economics, , vol. 24(6), pages 737-758, August.
    13. Kseniya Bortnikova, 2020. "Beauty and Productivity: A Meta-Analysis," Working Papers IES 2020/18, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Jun 2020.
    14. Fazio, Andrea, 2022. "Attractiveness and preferences for redistribution," Economics & Human Biology, Elsevier, vol. 46(C).
    15. David Ong, 2022. "The college admissions contribution to the labor market beauty premium," Contemporary Economic Policy, Western Economic Association International, vol. 40(3), pages 491-512, July.
    16. Weiguang Deng & Dayang Li & Dong Zhou, 2020. "Beauty and job accessibility: new evidence from a field experiment," Journal of Population Economics, Springer;European Society for Population Economics, vol. 33(4), pages 1303-1341, October.
    17. Mehic, Adrian, 2022. "Student beauty and grades under in-person and remote teaching," Economics Letters, Elsevier, vol. 219(C).
    18. Green, Colin P. & Wilson, Luke B. & Zhang, Anwen, 2023. "Beauty, underage drinking, and adolescent risky behaviours," Journal of Economic Behavior & Organization, Elsevier, vol. 215(C), pages 153-166.
    19. Arunachalam Raj & Shah Manisha, 2012. "The Prostitute's Allure: The Return to Beauty in Commercial Sex Work," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 12(1), pages 1-27, December.
    20. Gründler, Klaus & Potrafke, Niklas & Wochner, Timo, 2024. "The beauty premium of politicians in office," Journal of Economic Behavior & Organization, Elsevier, vol. 217(C), pages 298-311.

    More about this item

    Keywords

    Beauty; Performance; Soccer; Facial attractiveness; Professional sport;
    All these keywords.

    JEL classification:

    • Z20 - Other Special Topics - - Sports Economics - - - General
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jeborg:v:218:y:2024:i:c:p:309-324. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/jebo .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.