Talent and/or Popularity: What Does It Take to Be a Superstar?

Economic Inquiry, Forthcoming

30 Pages Posted: 29 Nov 2010

See all articles by Egon P. Franck

Egon P. Franck

University of Zurich - Department of Business Administration (IBW)

Stephan Nüesch

University of Muenster

Multiple version iconThere are 2 versions of this paper

Date Written: April 8, 2010

Abstract

We show that both talent and popularity significantly contribute to stars’ market values in German soccer. The talent-versus-popularity controversy on the sources of stardom goes back to Rosen (1981) and Adler (1985). All attempts to resolve the controversy empirically face the difficulty of accurately identifying talent. In professional sports, rank-order tournaments help in ascertaining talent. Analyzing a team setting, we use 20 different performance indicators to estimate a player’s talent according to his ability to increase the team’s winning probability.

Keywords: superstars, talent, popularity, soccer

JEL Classification: J31, J44, L83

Suggested Citation

Franck, Egon P. and Nüesch, Stephan, Talent and/or Popularity: What Does It Take to Be a Superstar? (April 8, 2010). Economic Inquiry, Forthcoming, Available at SSRN: https://ssrn.com/abstract=1503346

Egon P. Franck

University of Zurich - Department of Business Administration (IBW) ( email )

Plattenstrasse 14
Zurich 8032
Switzerland
+41 1 634 28 45 (Phone)

Stephan Nüesch (Contact Author)

University of Muenster ( email )

Schlossplatz 2
Muenster, D-48149
Germany

HOME PAGE: http://www.wiwi.uni-muenster.de/uf

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