Team performance and pay dispersion (average marginal effects).

Note: 666 observations on 40 teams (on average, 16.6 matches per team). The dependent variable is a dummy = 1 in case of win. Pay and team statistics are based on ATM players (column 1); ATM players, not weighted by the amount of time they actually played (column 2); all potential players (starter players and substitute players; column 3); whole team roster (column 4). Team-clustered standard errors are given in parentheses; p values in brackets. *p<0.1; **p<0.05; ***p<0.01. Team performance and pay dispersion (average marginal effects).