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/
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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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