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football tournaments with particular reference to the Euro 2008 football tournament. This research argues that there exists a … positive relationship between the competitive balance and success in international football tournaments. The level of the … competitive balance in a domestic football league is measured by the seasonal coefficients of variation (CV) of the end …
Persistent link: https://www.econbiz.de/10005055520
This study aims at predicting the most likely winners of international football tournaments. To this end, this paper …-of-season points from domestic football leagues to measure the degree of competitive balance and to use it as a comparative indicator … between the contesting countries in international football tournaments. The seasonal CV values computed from over ten seasons …
Persistent link: https://www.econbiz.de/10005412888
aggregate salary payments. Taking into account the idiosyncrasies of European football, our paper further highlights the …
Persistent link: https://www.econbiz.de/10005015174
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, in...
Persistent link: https://www.econbiz.de/10008509393
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
Appropriate measurement of competitive balance is a cornerstone of the economic analysis of professional sports leagues. We examine the distributional properties of the ratio of standard deviations (RSD) of points percentages, the most widely used measure of competitive balance in the sports...
Persistent link: https://www.econbiz.de/10010680893
This paper develops a model of a professional sports league with network externalities by integrating the theory of two-sided markets into a two-stage contest model. In professional team sports, the competition of the clubs functions as a platform that enables sponsors to interact with fans. In...
Persistent link: https://www.econbiz.de/10010570337
The Australian Football League (AFL) has operated its fixture on the basis of an unbalanced schedule since the league …
Persistent link: https://www.econbiz.de/10010577093
in European professional football. In order to find possible reasons for the gap between the UOH and (the lack of) its … three European professional football leagues. The results indicate that a tipping point/threshold value of CB exists and …
Persistent link: https://www.econbiz.de/10010957572
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, in...
Persistent link: https://www.econbiz.de/10010739910