This article reexamines 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 and Fort are reversed. There is no difference, for any given...

The Bosman ruling and its aftermath allowed soccer players to move more freely between clubs in Europe. This study examines the performance of national and club teams in Europe before and after Bosman. Some national teams improved after the ruling while others became weaker, but the overall...

This paper develops a contest model of a professional sports league in which clubs maximize a weighted sum of profits and wins (utility maximization). The model analyzes how more win-oriented behavior of certain clubs affects talent investments, competitive balance, and club profits. Moreover,...

The article models the upset—a low-probability outcome of a periodic competition. It is assumed that the upset is an independent component of consumer preferences, whose marginal willingness to pay grows with time. The decision rule for a league on upset timing is a competitive-balance problem...

This article analyses competitive balance in Formula 1 motor racing 1950-2010. It is shown that regulation change has had a significant positive impact on championship uncertainty but not on race uncertainty or long-term dominance. If television viewer suspense is positively related not only to...

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...

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...