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Barth, Michael
Emrich, Eike
Daumann, Frank
Year of Publication: 
Series/Report no.: 
Diskussionspapiere des Europäischen Instituts für Sozioökonomie e.V. No. 20
In analysis of Austrian elite sport, a distinction can be made between hierarchical and market organization. Following Williamson, the question of a superiority of governance form caused by the factor specificity of investments is being investi-gated. The results from an applied logit-loglinear model on data from survey with Austrian 'squad-athletes' show that apparently there exists no such superiority. Further investigation of data shows that these results appear to be caused by Aus-tria's "pre-conditions". In a hybrid form of organization like in Austria centraliza-tion might have exceeded the optimal extend and congruency of different products seem to be overemphasized.
new institutional economics
asset specificity
factor specificity of investments
sports promotion
sport governance
Document Type: 
Working Paper

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