We analyzed issues of playoff uncertainty (PU) by examining competitive balance and outcome uncertainty. Specifically, we (i) developed an alternative measure of PU, (ii) analyzed the relationship between PU and postseason structure in Major League Baseball (MLB), and (iii) tested the PU of the...

Ever since the pioneering work of Rottenberg (1956) and Neale (1964), the uncertainty of outcome hypothesis (UOH) has played a major role in the economic analysis of professional sport leagues. However, decades of empirical research have not been successful in establishing clear evidence for the...