Career Prospects and Effort Incentives: Evidence from Professional Soccer

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Career Prospects and Effort Incentives : Evidence from Professional Soccer. / Miklós-Thal, Jeanine; Ullrich, Hannes.

In: Management Science, Vol. 62, No. 6, 06.2016, p. 1645-1667.

Research output: Contribution to journal › Journal article › Research › peer-review

Harvard

Miklós-Thal, J & Ullrich, H 2016, 'Career Prospects and Effort Incentives: Evidence from Professional Soccer', Management Science, vol. 62, no. 6, pp. 1645-1667. https://doi.org/10.1287/mnsc.2015.2211

APA

Miklós-Thal, J., & Ullrich, H. (2016). Career Prospects and Effort Incentives: Evidence from Professional Soccer. Management Science, 62(6), 1645-1667. https://doi.org/10.1287/mnsc.2015.2211

Vancouver

Miklós-Thal J, Ullrich H. Career Prospects and Effort Incentives: Evidence from Professional Soccer. Management Science. 2016 Jun;62(6):1645-1667. https://doi.org/10.1287/mnsc.2015.2211

Author

Miklós-Thal, Jeanine ; Ullrich, Hannes. / Career Prospects and Effort Incentives : Evidence from Professional Soccer. In: Management Science. 2016 ; Vol. 62, No. 6. pp. 1645-1667.

Bibtex

@article{1edf9562d6f44753aca8579ace19e62e,
title = "Career Prospects and Effort Incentives: Evidence from Professional Soccer",
abstract = "It is difficult to test the prediction that future career prospects create implicit effort incentives because researchers cannot randomly {"}assign{"} career prospects to economic agents. To overcome this challenge, we use data from professional soccer, where employees of the same club face different external career opportunities depending on their nationality. We test whether the career prospect of being selected to a Euro Cup national team affects players' pre-cup performances, using nationals of countries that did not participate in the Euro Cup as a control group. We find that the Euro Cup career prospect has positive effects on the performances of players with intermediate chances of being selected to their national team, but negative effects on the performances of players whose selection is very probable. Our findings have implications for the incentive effects of within-firm promotions and of external career opportunities.",
keywords = "Career concerns, Contests, Effort, Incentives, Promotions, Reputation, Tournaments",
author = "Jeanine Mikl{\'o}s-Thal and Hannes Ullrich",
year = "2016",
month = jun,
doi = "10.1287/mnsc.2015.2211",
language = "English",
volume = "62",
pages = "1645--1667",
journal = "Management Science",
issn = "0025-1909",
publisher = "Institute for Operations Research and the Management Sciences (I N F O R M S)",
number = "6",

}

RIS

TY - JOUR

T1 - Career Prospects and Effort Incentives

T2 - Evidence from Professional Soccer

AU - Miklós-Thal, Jeanine

AU - Ullrich, Hannes

PY - 2016/6

Y1 - 2016/6

N2 - It is difficult to test the prediction that future career prospects create implicit effort incentives because researchers cannot randomly "assign" career prospects to economic agents. To overcome this challenge, we use data from professional soccer, where employees of the same club face different external career opportunities depending on their nationality. We test whether the career prospect of being selected to a Euro Cup national team affects players' pre-cup performances, using nationals of countries that did not participate in the Euro Cup as a control group. We find that the Euro Cup career prospect has positive effects on the performances of players with intermediate chances of being selected to their national team, but negative effects on the performances of players whose selection is very probable. Our findings have implications for the incentive effects of within-firm promotions and of external career opportunities.

AB - It is difficult to test the prediction that future career prospects create implicit effort incentives because researchers cannot randomly "assign" career prospects to economic agents. To overcome this challenge, we use data from professional soccer, where employees of the same club face different external career opportunities depending on their nationality. We test whether the career prospect of being selected to a Euro Cup national team affects players' pre-cup performances, using nationals of countries that did not participate in the Euro Cup as a control group. We find that the Euro Cup career prospect has positive effects on the performances of players with intermediate chances of being selected to their national team, but negative effects on the performances of players whose selection is very probable. Our findings have implications for the incentive effects of within-firm promotions and of external career opportunities.

KW - Career concerns

KW - Contests

KW - Effort

KW - Incentives

KW - Promotions

KW - Reputation

KW - Tournaments

UR - http://www.scopus.com/inward/record.url?scp=84975106421&partnerID=8YFLogxK

U2 - 10.1287/mnsc.2015.2211

DO - 10.1287/mnsc.2015.2211

M3 - Journal article

AN - SCOPUS:84975106421

VL - 62

SP - 1645

EP - 1667

JO - Management Science

JF - Management Science

SN - 0025-1909

IS - 6

ER -

ID: 216918946