An option pricing framework for the valuation of football players

Article

Clark, E., Tunaru, R., Viney, H. and University of New Orleans. Division of Business and Economic Research. 2005. An option pricing framework for the valuation of football players. Review of financial economics. 14 (3), pp. 281-295. https://doi.org/10.1016/j.rfe.2004.11.002
TypeArticle
TitleAn option pricing framework for the valuation of football players
AuthorsClark, E., Tunaru, R., Viney, H. and University of New Orleans. Division of Business and Economic Research.
Abstract

In this paper we develop a contingent claims framework for determining the financial value of professional football players. Contingent claims style modelling is used to develop two models. The pricing of football players is based on a performance index such as the Carling Opta Index. Unexpected events such as injuries are included into the models as Poisson jump processes. The value of a player varies from club to club, depending on club turnover and the total number of performance points generated by the entire team.

PublisherElsevier
JournalReview of financial economics
ISSN1058-3300
Publication dates
Print2005
Publication process dates
Deposited25 Feb 2009
Output statusPublished
Digital Object Identifier (DOI)https://doi.org/10.1016/j.rfe.2004.11.002
LanguageEnglish
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