Measuring competitive balance in sports using generalized entropy with an application to English premier league football
AbstractA central issue in the economics of sport is the degree of competitive balance in sporting contests. The importance attached to competitive balance is predicated on the belief that it is uncertainty about the outcomes of sporting contests that attracts spectators and sponsors. In a perfectly balanced competition, each team would have an equal chance of winning each match and, therefore, of winning the championship or the league. By contrast, the absence of competitive balance would mean that the results of sporting contests would become predictable and attendance at sporting contests would suffer. The general theme that underpins the issue of competitive balance is that of inequality. This article proposes a general measure of competitive balance based on the Generalized Entropy (GE) approach to measuring inequality and shows how this might be interpreted in terms of the league's welfare. The measures are applied to results from 2006 to 2007 season of the English Premier League (EPL).
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics.
Volume (Year): 44 (2012)
Issue (Month): 9 (March)
Contact details of provider:
Web page: http://www.tandfonline.com/RAEC20
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- P. Dorian Owen, 2013. "Measurement of Competitive Balance and Uncertainty of Outcome," Working Papers 1311, University of Otago, Department of Economics, revised Aug 2013.
- Geenens, Gery, 2014. "On the decisiveness of a game in a tournament," European Journal of Operational Research, Elsevier, vol. 232(1), pages 156-168.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
If references are entirely missing, you can add them using this form.