Tunaru, Radu and Clark, Ephraim and Viney, Howard P. (2005) An Option Pricing Framework for Valuation of Football Players. Review of Financial Economics, 14 (3-4). pp. 281-295. (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)
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.
|Subjects:||H Social Sciences > H Social Sciences (General)|
|Divisions:||Faculties > Social Sciences > Kent Business School > Accounting and Finance|
|Depositing User:||Jennifer Knapp|
|Date Deposited:||19 Jul 2010 10:56|
|Last Modified:||10 Jun 2014 10:55|
|Resource URI:||https://kar.kent.ac.uk/id/eprint/25107 (The current URI for this page, for reference purposes)|