首页    期刊浏览 2024年12月01日 星期日
登录注册

文章基本信息

  • 标题:Using Monte Carlo Methods for the Valuation of Intangible Assets in Sports Economics
  • 本地全文:下载
  • 作者:Sebastian Majewski ; Agnieszka Majewska
  • 期刊名称:Folia Oeconomica Stetinensia
  • 印刷版ISSN:1730-4237
  • 电子版ISSN:1898-0198
  • 出版年度:2017
  • 卷号:17
  • 期号:2
  • 页码:71-82
  • DOI:10.1515/foli-2017-0019
  • 出版社:Walter de Gruyter GmbH
  • 摘要:

    This paper indicates the possibilities of using Monte Carlo simulations methods in players’ performance rights value monitoring. The authors have formulated a hypothesis that connects Monte Carlo methods (MC) and econometric models of the player’s life cycle that could give club managers another source of information for the decision process. The MC method in finance is usually used to value the option price on the basis of assumed distribution of price changes. In this approach, the method was used to determine future the hypothetical value of footballers’ performance rights. Using econometric models of the player’s life cycle we could observe and analyse the phase in the life cycle of a football player and determine volatility.

    In this paper we use historical data of the market values of chosen football players from the website http://transfermarkt.de . The analysis is based on popular valuable players after the growth phase of their life cycle. For the visualisation of the “Championships games bubble” problem we analyse the periods before and after the UEFA EURO 2016.

    The opportunities and threats of a such an attempt are shown in this paper.

  • 关键词:valuation ; players’ performance rights ; econometric models ; Monte Carlo methods JEL Classification: G02 ; G12 ; L83
国家哲学社会科学文献中心版权所有