When the crowd evaluates soccer players’ market values: Accuracy and evaluation attributes of an online community
Evaluating the value of athletes to determine whether they should be transferred from one club to another has become a major challenge for managers of sports teams. In the context of German soccer, aficionados have built a large online community that evaluates professional soccer players’ market values. The community has become the main source for reporting market values in the media and has a strong impact on sports economy: it is used in real market transactions and wage negotiations, indicating the power of crowd wisdom in the sports management context.
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Volume (Year): 17 (2014)
Issue (Month): 4 ()
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