Limitations of the relative standard deviation of win percentages for measuring competitive balance in sports leagues
AbstractThe relative standard deviation of win percentages, widely used to measure competitive balance, has an upper bound which varies with the numbers of teams and games played. Accounting for this upper bound provides additional insights into competitive balance comparisons.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 109 (2010)
Issue (Month): 1 (October)
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Web page: http://www.elsevier.com/locate/ecolet
Competitive balance Relative standard deviation Idealized standard deviation Sports economics;
Other versions of this item:
- P. Dorian Owen, 2009. "Limitations of the relative standard deviation of win percentages for measuring competitive balance in sports leagues," Working Papers 0908, University of Otago, Department of Economics, revised Mar 2010.
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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"Measuring Parity in Sports Leagues with Draws: Further Comments,"
NCER Working Paper Series
59, National Centre for Econometric Research.
- P. Dorian Owen, 2010. "Measuring Parity in Sports Leagues with Draws: Further Comments," Working Papers 1005, University of Otago, Department of Economics, revised Jul 2010.
- repec:qut:auncer:2013_04 is not listed on IDEAS
- P. Dorian Owen & Nicholas King, 2013.
"Competitive Balance Measures in Sports Leagues: The Effects of Variation in Season Length,"
1309, University of Otago, Department of Economics, revised Jul 2013.
- P Dorian Owen & Nicholas King, 2013. "Competitive Balance Measures in Sports Leagues: The Effects of Variation in Season Length," NCER Working Paper Series 92, National Centre for Econometric Research.
- Young Hoon Lee & Rodney Fort, 2011. "Competitive Balance:Time Series Lessons from the English Premier League," Working Papers 1102, Research Institute for Market Economy, Sogang University, revised Jun 2011.
- P. Dorian Owen, 2013. "Measurement of Competitive Balance and Uncertainty of Outcome," Working Papers 1311, University of Otago, Department of Economics, revised Aug 2013.
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