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Club/player contracts: Another application of options pricing theory

P. Antonioni and J. Cubbin, "The Bosman Ruling and the emergence of a single market in soccer talent", European Journal of Law and Economics, 9(2): 157-73, 2000.This paper discusses the effect of the Bosman Ruling on the nature of contracts between club and player under the modeling framework of options pricing theory.  It uses the […]

Trinomial trees, Markov chains, and qualifying odds for the World Cup

I have a couple of posts in the pipeline for my other website that explore a hypothetical merger between CONCACAF and CONMEBOL, and I started thinking about the probability of Caribbean countries qualifying for the World Cup from CONCACAF and how that might change in a larger 50-team region.  (With 30 associations, the Caribbean countries […]