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Previous research based on revealed preferences cannot assess whether (increasingly imbalanced) football competitions …
Persistent link: https://www.econbiz.de/10010698637
A new interseasonal measure of competitive balance in a sports league is presented. It is based on a Markov model of a team’s probability of qualifying for postseason play given the performance of the team in the previous season. Transitional probabilities are estimated for Major League...
Persistent link: https://www.econbiz.de/10011139117
Rottenberg’s “The Baseball Players’ Labor Market†holds the original ideas behind many threads of the sports economics literature. Most well known, the article contains both the invariance proposition (IP) and the uncertainty-of-outcome hypothesis. But there is also a...
Persistent link: https://www.econbiz.de/10011139126
Several authors have recently suggested that an expanding labor pool has led to improvement in professional sports leagues’ competitive balance. The basic premise is that a rise in team player options leads to less variability in player performance and therefore increased competition. The...
Persistent link: https://www.econbiz.de/10011139179
The conference and divisional system has long been a staple part of tournament design in the major pro-sports leagues of North America. This popular but highly rigid system determines on how many occasions all bilateral pairings of teams play each other during the season. Despite the virtues of...
Persistent link: https://www.econbiz.de/10011106401
The Coase theorem suggests that under certain conditions, the distribution of player talent should be similar before and after free agency. Previous attempts to test the theory's applicability to major league baseball were either examinations of win-loss distributions or comparisons of player...
Persistent link: https://www.econbiz.de/10010776029
This article tests for the effects of a change in competitive balance on attendance at Major League Baseball games using game-level attendance data for the 2000-2002 seasons. Employing the difference between the winning percentages of the home and visiting teams as a measure of competitive...
Persistent link: https://www.econbiz.de/10010778281
This article examines the competitive balance of the National Football League (NFL) using Gini coefficients and the …
Persistent link: https://www.econbiz.de/10010778293
Panel models are used to estimate the determinants of local revenues in Major League Baseball. This article updates a previous study by Burger and Walters (2003) with additional data and panel techniques. Consistent with their results, this study finds that market size does matter as a...
Persistent link: https://www.econbiz.de/10010778318
The Belgian football league declined, after the Bosman case, to a secondary level and became a “stepping stone†for … players from outside the European Union. The transformation of professional football into a media …, and the old-fashioned Royal Belgian Football Association rejected adaptation to the new environment. Currently, clubs in …
Persistent link: https://www.econbiz.de/10010778322