IDEAS home Printed from https://ideas.repec.org/p/zbw/hwwirp/1-5.html
   My bibliography  Save this paper

Ein Transfermarktmodell und Implikationen für die strategische Transferpolitik der Vereine in der Fußball-Bundesliga

Author

Listed:
  • Vöpel, Henning

Abstract

Der Transfermarkt der Fußball-Bundesliga ist gekennzeichnet durch unvollständige Informationen über die Qualität der Spieler. Jede Transfer- und Personalentscheidung der Vereine wird folglich mehr oder weniger unter Unsicherheit getroffen. Bei jedem Transfer kommt es also darauf an, zuverlässig die guten Spieler zu identifizieren und diese möglichst günstig zu kaufen und ggf. möglichst teuer zu verkaufen, das heißt die spielerische Qualität des Kaders zu erhöhen bzw. einen hohen Transferüberschuss zu erzielen. Die Unsicherheit über die tatsächliche Qualität eines Spielers wird durch dessen in der Vergangenheit beobachteten Leistungen reduziert. Neben diesen frei zugänglichen Signalen, die den Vereinen als öffentliche Informationen kostenlos zur Verfügung stehen, existieren in jedem Verein zusätzlich private Informationen bzgl. der Einschätzung eines Spielers sowie eine exogen gegebene Budgetrestriktion. Beide Faktoren bestimmen - wie im Folgenden gezeigt wird - die Transferpolitik eines Vereins. Zu diesem Zweck wird zunächst ein Transfermarktmodell entwickelt. Anschließend werden die Implikationen für die strategische Transferpolitik der Vereine abgeleitet.

Suggested Citation

  • Vöpel, Henning, 2006. "Ein Transfermarktmodell und Implikationen für die strategische Transferpolitik der Vereine in der Fußball-Bundesliga," HWWI Research Papers 1-5, Hamburg Institute of International Economics (HWWI).
    • Handle: RePEc:zbw:hwwirp:1-5
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/48251/1/640356907.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Bikhchandani, Sushil & Hirshleifer, David & Welch, Ivo, 1992. "A Theory of Fads, Fashion, Custom, and Cultural Change in Informational Cascades," Journal of Political Economy, University of Chicago Press, vol. 100(5), pages 992-1026, October.
    2. Gul, Faruk & Lundholm, Russell, 1995. "Endogenous Timing and the Clustering of Agents' Decisions," Journal of Political Economy, University of Chicago Press, vol. 103(5), pages 1039-1066, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Vöpel, Henning, 2011. "Fußball-Management: Mikroökonomische und spieltheoretische Modellierung von Managemententscheidungen im Profifußball," HWWI Policy Reports 17, Hamburg Institute of International Economics (HWWI).
    2. Boll, Christina, 2010. "Mind the gap!: The amount of German mothers' care bill and its game theoretical issues," HWWI Research Papers 1-29, Hamburg Institute of International Economics (HWWI).

    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. Boğaçhan Çelen & Kyle Hyndman, 2012. "An experiment of social learning with endogenous timing," Review of Economic Design, Springer;Society for Economic Design, vol. 16(2), pages 251-268, September.
    2. Tao Wang, 2011. "Dynamic Equilibrium Bunching," Working Paper 1291, Economics Department, Queen's University.
    3. Edward L. Glaeser & Jose Scheinkman, 2000. "Non-Market Interactions," NBER Working Papers 8053, National Bureau of Economic Research, Inc.
    4. Young-Ro Yoon, 2008. "Strategic Disclosure of Valuable Information within Competitive Environments," Caepr Working Papers 2008-022, Center for Applied Economics and Policy Research, Economics Department, Indiana University Bloomington.
    5. Utteeyo Dasgupta & Chandan Kumar Jha & Sudipta Sarangi, 2021. "Persistent Patterns Of Behavior: Two Infectious Disease Outbreaks 350 Years Apart," Economic Inquiry, Western Economic Association International, vol. 59(2), pages 848-857, April.
    6. Elie Ofek & Muhamet Yildiz & Ernan Haruvy, 2007. "The Impact of Prior Decisions on Subsequent Valuations in a Costly Contemplation Model," Management Science, INFORMS, vol. 53(8), pages 1217-1233, August.
    7. Shachar Kariv, 2005. "Overconfidence and Informational Cascades," Levine's Bibliography 122247000000000406, UCLA Department of Economics.
    8. Ottaviani, Marco & Sorensen, Peter Norman, 2006. "The strategy of professional forecasting," Journal of Financial Economics, Elsevier, vol. 81(2), pages 441-466, August.
    9. Meub, Lukas & Proeger, Till & Hüning, Hendrik, 2013. "A comparison of endogenous and exogenous timing in a social learning experiment," University of Göttingen Working Papers in Economics 167, University of Goettingen, Department of Economics.
    10. Wagner, Peter A., 2018. "Who goes first? Strategic delay under information asymmetry," Theoretical Economics, Econometric Society, vol. 13(1), January.
    11. Sushil Bikhchandani & David Hirshleifer & Omer Tamuz & Ivo Welch, 2024. "Information Cascades and Social Learning," Journal of Economic Literature, American Economic Association, vol. 62(3), pages 1040-1093, September.
    12. Levin, Dan & Peck, James, 2008. "Investment dynamics with common and private values," Journal of Economic Theory, Elsevier, vol. 143(1), pages 114-139, November.
    13. John C. Persons & Vincent A. Warther, "undated". "Boom and Bust Patterns in the Adoption of Financial Innovations," Research in Financial Economics 9601, Ohio State University.
    14. Makoto Nirei & John Stachurski & Tsutomu Watanabe, 2018. "Trade Clustering and Power Laws in Financial Markets (Published in Theoretical Economics, 15:1365?1398, 2020)," CARF F-Series CARF-F-450, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    15. Makoto Nirei & Tsutomu Watanabe, 2014. "Beauty Contests and Fat Tails in Financial Markets," UTokyo Price Project Working Paper Series 024, University of Tokyo, Graduate School of Economics.
    16. Amil Dasgupta, 2000. "Social Learning with Payoff Complementarities," Econometric Society World Congress 2000 Contributed Papers 0322, Econometric Society.
    17. Nirei, Makoto & Stachurski, John & Watanabe, Tsutomu, 2020. "Trade clustering and power laws in financial markets," Theoretical Economics, Econometric Society, vol. 15(4), November.
    18. Gu, Chao, 2011. "Herding and bank runs," Journal of Economic Theory, Elsevier, vol. 146(1), pages 163-188, January.
    19. Markus Noth & Martin Weber, 2003. "Information Aggregation with Random Ordering: Cascades and Overconfidence," Economic Journal, Royal Economic Society, vol. 113(484), pages 166-189, January.
    20. Makoto Nirei & Theodoros Stamatiou & Vladyslav Sushko, 2012. "Stochastic Herding in Financial Markets Evidence from Institutional Investor Equity Portfolios," BIS Working Papers 371, Bank for International Settlements.

    More about this item

    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:zbw:hwwirp:1-5. 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: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/hwwiide.html .

    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.