Title :
An Analysis of Football Player Transfer Problems Based on Real Options
Author :
Qi Wang ; Zhijun Xu ; Zhiqiang Wu
Author_Institution :
East China Inst. of Technol., Fuzhou, China
Abstract :
In this paper we discuss the uncertainty of the player´s value with protection period, develop a pricing framework based on the real options methods and present a new valuing model for the player transfer dealing. By using the partial differential equations approach, the closed-form solutions are derived from these models. Meanwhile we also consider the effect of injuries on the financial value of the profession players.
Keywords :
partial differential equations; pricing; sport; football player transfer problems; partial differential equations approach; player transfer dealing; player value uncertainty; pricing framework; profession players financial value; real options methods; valuing model; Biological system modeling; Economics; Equations; Indexes; Injuries; Mathematical model; Pricing;
Conference_Titel :
Management and Service Science (MASS), 2010 International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-5325-2
Electronic_ISBN :
978-1-4244-5326-9
DOI :
10.1109/ICMSS.2010.5576988
