Tunaru, Radu, Clark, Ephraim, Viney, Howard P. (2005) An Option Pricing Framework for Valuation of Football Players. Review of Financial Economics, 14 (3-4). pp. 281-295. (doi:10.1016/j.rfe.2004.11.002) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided) (KAR id:25107)
| The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided. | |
| Official URL: http://dx.doi.org/doi:10.1016/j.rfe.2004.11.002 |
Abstract
In this paper we develop a contingent claims framework for determining the financial value of professional football players. Contingent claims style modelling is used to develop two models. The pricing of football players is based on a performance index such as the Carling Opta Index. Unexpected events such as injuries are included into the models as Poisson jump processes. The value of a player varies from club to club, depending on club turnover and the total number of performance points generated by the entire team.
| Item Type: | Article |
|---|---|
| DOI/Identification number: | 10.1016/j.rfe.2004.11.002 |
| Subjects: | H Social Sciences > H Social Sciences (General) |
| Divisions: | Divisions > Kent Business School - Division > Department of Accounting and Finance |
| Depositing User: | Jennifer Knapp |
| Date Deposited: | 19 Jul 2010 10:56 UTC |
| Last Modified: | 04 Feb 2022 13:47 UTC |
| Resource URI: | https://kar.kent.ac.uk/id/eprint/25107 (The current URI for this page, for reference purposes) |
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