Champions’ League, tournaments, effort, payroll

Publication date: 6 May 2015 | Publication type: National Institute Economic Review | External authors: Green, C, Lozano, F, Simmons, R | JEL classification: Z22 | Journal: National Institute Economic Review No. 232 Issue May 2015 | Publisher: Sage Publications, London
We analyse how a change in the probability of winning a tournament affects an agent’s effort using the qualification rules for entry into the group and playoff stages of the UEFA Champions’ League. Our results suggest that increasing the number of slots that a national league gets in the Champions...