Showing 1 - 10 of 14
In this paper, we try to show that, apart from the negative impact of the Champions League, the growing gap between the Big 5 football countries in Europe and the smaller countries is caused by the deregulation of the European player labour market without deregulating the European football...
Persistent link: https://www.econbiz.de/10005252277
Sports leagues constitute one of the few examples of legally operating cartels. In this paper I examine how gate revenue sharing may serve to coordinate talent investments within these cartels. I show that sharing revenues has the potential to raise cartel profits, because it decreases the...
Persistent link: https://www.econbiz.de/10009353452
In this note I estimate and compare Tullock- and Hirshleifer-style contest success functions (CSFs) using data from the 4 major American sports leagues. I find that Tullock CSFs based on relative efforts fit the data better than Hirshleifer CSFs based on absolute effort differences.
Persistent link: https://www.econbiz.de/10008695002
The relative standard deviation of win percentages, the most widely used measure of within-season competitive balance, has an upper bound which is very sensitive to variation in the numbers of teams and games played. Taking into account this upper bound provides additional insight into...
Persistent link: https://www.econbiz.de/10010611215
This paper develops a new simulation-based measure of playoff uncertainty and investigates its contribution to modelling match attendance compared to other variants of playoff uncertainty in the existing literature. A model of match attendance that incorporates match uncertainty, playoff...
Persistent link: https://www.econbiz.de/10010611230
This paper re-examines the calculation of the relative standard deviation (RSD) measure of competitive balance in leagues in which draws are possible outcomes. Some key conclusions emerging from the exchange between Cain and Haddock (2006) and Fort (2007) are reversed. There is no difference,...
Persistent link: https://www.econbiz.de/10010611244
Bonus point systems are a popular tournament design feature in some sports. We consider a bonus point system for the Australian Football League (AFL). In this paper, we utilise league points as a measure of team strength in a prediction model and choose the allocation of points to maximise...
Persistent link: https://www.econbiz.de/10010611245
Bonus points provide a simple way to improve the accuracy of league standings. We investigate the inclusion of bonuses in the National Football League (NFL) using a prediction model built on league points. Both touchdown-based and narrow-loss bonuses are shown to be significant. Our preferred...
Persistent link: https://www.econbiz.de/10010611267
Collective sales of media rights are a common practice in sports leagues. Proponents of the system claim that it is a necessary tool for the maintenance of competitive balance. In this empirical paper, I argue that, in European soccer, collective sales do not increase competitive balance as...
Persistent link: https://www.econbiz.de/10008542557
This paper shows that under reasonable conditions that increasing gate revenue sharing among teams in a sports league will produce a more uneven contest, i.e. reduce competitive balance. This result has significant implications for antitrust authorities and legislators, who have tended to assume...
Persistent link: https://www.econbiz.de/10005588098