Confirmation Bias in Valuation of Footballers’ Performance Rights

Sebastian Majewski ()
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Sebastian Majewski: University of Szczecin

Chapter Chapter 18 in Problems, Methods and Tools in Experimental and Behavioral Economics, 2018, pp 249-259 from Springer

Abstract: Abstract Professional sportsmen all over the world are subjects of many ratings and grades, especially when they have big contracts. Journalists try to find the best player and the spectators (fans) try to believe that their football star is proper position. But is this valuation free from external pulling power of media and sponsors? The last five years in football is dominated by two players: Cristiano Ronaldo and Lionel Messi. But the question is that is it really proper classification, reflecting their performance on the football pitch? The hypothesis raised in the research is that the market value of the player has a strong impact on the classification. The verification of the hypothesis will be based on the classification methods and a process of eliminating of diagnostic variables. The sample taken into the research will consist of series of 25 most valuable forward players from seasons 2016–2017 and 2017–2018. The final analysis will be limited to the top players and compared with the results of France Football’s plebiscite called Golden Ball and FIFA’s Golden Boot.

Keywords: Behavioural finance; Confirmation bias; Football (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-319-99187-0_18

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DOI: 10.1007/978-3-319-99187-0_18

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