An option pricing framework for the valuation of football players
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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.
|Research Areas:||A. > Business School > Accounting and Finance|
|Depositing User:||Repository team|
|Date Deposited:||25 Feb 2009 10:55|
|Last Modified:||27 Jan 2016 11:54|
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