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We investigate stadium attendance in the highest level of Dutch professional football for the seasons 2000/01 - 2015/16 focusing on outcome uncertainty, loss aversion and team quality. We find that for individual football matches, attendance is related to reference-dependent preferences with...
Persistent link: https://www.econbiz.de/10011924825
Economic agents react to incentives, and this holds true for professional football teams as well. Double round-robin and single-match elimination represent two opposite competition regimes, with incentives varying distinctly between them. At the level of individual matches, a single defeat needs...
Persistent link: https://www.econbiz.de/10014577868