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

15 Pages Posted: 6 Jan 2012

See all articles by Egon P. Franck

Egon P. Franck

University of Zurich - Department of Business Administration (IBW)

Stephan Nuesch

University of Zurich - Department of Business Administration (IBW)

Multiple version iconThere are 2 versions of this paper

Date Written: January 2012

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.

JEL Classification: J31, J44, L83

Suggested Citation

Franck, Egon P. and Nuesch, Stephan, Talent and/or Popularity: What Does it Take to Be a Superstar? (January 2012). Economic Inquiry, Vol. 50, Issue 1, pp. 202-216, 2012, Available at SSRN: https://ssrn.com/abstract=1980543 or http://dx.doi.org/10.1111/j.1465-7295.2010.00360.x

Egon P. Franck (Contact Author)

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

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

Stephan Nuesch

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

Hottingerstrasse 10
Plattenstrasse 14
Zurich, 8032
Switzerland

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