JUNE 2005


Poem of the Month
By Tom Smario

Cinderella Man
Book Excerpt by Mike DeLisa

Entertaining Fighters and Prospects
By Adam Pollack

Fatty Langtry: Pudgy
Pugilist of the Past

By Robert Carson

John Klein: 19th-Century
Trainer Extraordinaire

By Pete Ehrmann

Ring Leader
By Ron Lipton

Incentives in Professional
Boxing Contracts

By Rafael Tenorio

Fight Town
Book Excerpt by Tim Dahlberg

The Regulation of Boxing
on Tribal Lands:
Towards a Pan-Indian
Boxing Commission

By James Alexander

Spotlight on Cut Man Lenny DeJesus
By Sam Gregory

Dick Wipperman
by Pete Ehrmann

Jack Johnson: The Dates,
the Events, the Sources

by Stuart Templeton

Touching Gloves with...
"Irish" Art Hafey

by Dan Hanley
http://fac.comtech.depaul.edu/rtenorio/

INCENTIVES IN PROFESSIONAL
BOXING CONTRACTS


By Rafael Tenorio


This article analyzes the characteristics and incentive effects of standard contractual practices in professional boxing. A boxer's purse is linked to past rather than current performance, thereby creating an incentives problem. Although preference for stable lifetime consumption alleviates this problem, savings act as further insurance and the contract's distorted incentives do not go away. Observation of a boxer being poorly prepared for a fight after earning a very large purse is consistent with this prediction. These disappointing outcomes are likely driven by the absence of a well defined contract-maker in the boxing market, and by the prevalence of "casual" boxing fans.

To download the non-technical, abridged version of "Incentives in Professional Boxing Contracts," click here.

To download the original, unabridged version of the article, click here.

Both downloads require adobe acrobat.


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