Assessing alternative competitive balance measures for sports leagues: a theoretical examination of standard deviations, gini coefficients, & the index of dissimilarity
Daniel Mizak () (Frostburg State University) Anthony Stair () (Frostburg State University) Armond Rossi () (Frostburg State University)
Abstract
This note provides a theoretical analysis of the use of standard deviations, Gini coefficients, and the Index of Dissimilarity to assess competitive balance in sports leagues. Limitations are identified for all three techniques. Each of these techniques is found to be affected by the introduction of more teams, unbalanced schedules, and inter-league play.
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Publisher Info
Article provided by Economics Bulletin in its journal Economics Bulletin.
Find related papers by JEL classification: L8 - Industrial Organization - - Industry Studies: Services
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