Personnel Economics in Sports
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Personnel Economics in Sports

Edited by Neil Longley

Sport is an effective industry in which to empirically test theories of personnel economics, primarily because the employer-employee relationship in sport is much more visible and transparent than in almost any other industry. This book examines personnel economics within the context of the professional sport industry. The chapters are organized around the core functional areas of personnel economics and cover all aspects of the employment relationship in sport – from recruiting and selection, to pay and performance, to work team design.
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Chapter 3: The golden generation: the personnel economics of youth recruitment in European professional soccer

Joachim Prinz and Daniel Weimar

Abstract

The youth training academy system in German soccer is examined. The chapter argues that the academy system acts not only as a long-term screening function (i.e. a long-term probation), but also has a training and development purpose whereby teams impart both general soccer-related skills to youth as well as club-specific skills, knowledge, and attitudes. From a recruiting perspective, the training academies allow clubs to gain private information about players, helping clubs to ultimately determine the quality of the club-player match. The chapter also identifies several impediments to effectively identifying the best youth players, including the continued long-term persistence of the so-called ‘relative age effect’.

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