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; 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.:
- P. Owen & Michael Ryan & Clayton Weatherston, 2007. "Measuring Competitive Balance in Professional Team Sports Using the Herfindahl-Hirschman Index," Review of Industrial Organization, Springer, vol. 31(4), pages 289-302, December.
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Documentos de Trabajo - Lan Gaiak Departamento de EconomÃa - Universidad PÃºblica de Navarra
9901, Departamento de Economía - Universidad Pública de Navarra.
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- Bajo, Oscar & Salas, Rafael, . "Inequality foundations of concentration measures: an application to the hannah-kay indices," Open Access publications from Universidad Carlos III de Madrid info:hdl:10016/6137, Universidad Carlos III de Madrid.
- Joshua Utt & Rodney Fort, 2002. "Pitfalls to Measuring Competitive Balance With Gini Coefficients," Journal of Sports Economics, , vol. 3(4), pages 367-373, November.
- 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.
- P. Dorian Owen, 2010.
"Measuring Parity in Sports Leagues with Draws: Further Comments,"
1005, University of Otago, Department of Economics, revised Jul 2010.
- P Dorian Owen, 2010. "Measuring Parity in Sports Leagues with Draws: Further Comments," NCER Working Paper Series 59, National Centre for Econometric Research.
- P. Dorian Owen, 2013. "Measurement of Competitive Balance and Uncertainty of Outcome," Working Papers 1311, University of Otago, Department of Economics, revised Aug 2013.
- repec:qut:auncer:2013_04 is not listed on IDEAS
- 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.
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