In the Netherlands, in the top tier of professional football some teams play their home matches on an artificial pitch while other teams play their home matches on natural grass. This paper investigates whether or not home teams who play on an artificial pitch have an additional home advantage...

We analyze 45 years of data from English professional football focusing on the determinants of home advantage. We conclude that seasonal home advantage is substantial and positively related to within-team variation in attendance. Furthermore, despite big cross-league differences in attendance,...

In 1983 England's fifth-tier football competition introduced a two-points-for-ahome-win and three-points-for-an-away-win reward system. This system was abolished after three seasons. The anomalous point system may have been introduced to reduce home advantage but the reasons are not fully clear...

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...

This paper revisits the relationship between Covid-19-related absence of stadium attendance and match outcomes, analyzing five seasons of the top tier of professional football in the Netherlands. Empty stadiums caused home advantages to disappear completely due to home teams scoring fewer goals....

In US-based studies focusing on the impact of new sports stadiums on attendance, a recurring observation is the temporary nature of the initial positive effect, commonly described as a novelty or honeymoon effect. This paper revisits the attendance effects of new sports stadiums in a European...

The paper bridges a gap in the literature by using moment analysis, CAPM statistics, stochastic dominance (SD) test, and volume analysis to examine investor preferences for warrants between China and Taiwan, and investigating why the market for warrants in China has to close while the market for...

We rationalize exclusive portfolio dealing in a novel three-period partial equilibrium framework populated by a representative, risk-neutral seller and a small number of ex ante identical broker-dealers. Endowed with independent, uncertain demand for a representative asset, the broker-dealers...

This paper examines long-term developments in stadium attendance in professional football in the Netherlands. As in many other European countries attendance had a U-shaped development with the lowest numbers in the mid-1980s. The developments in the Netherlands do not seem to have been affected...

We analyze attendance of professional football matches in England finding that it is related to unemployment over a very long period of time. More unemployment leads to lower attendances. Distinguishing between leagues, we find that the relationship is larger for lower leagues, i.e. attendance...