Optimal Bonus Points in the Australian Football League
AbstractBonus point systems are a popular tournament design feature in some sports. We consider a bonus point system for the Australian Football League (AFL). In this paper, we utilise league points as a measure of team strength in a prediction model and choose the allocation of points to maximise prediction accuracy. For AFL data extending over seasons 1997-2008, we determine a bonus points system that does a better job at revealing strong teams than the current allocation of league points. We conclude that there is considerable scope for the introduction bonus points to improve tournament design in the AFL.
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Bibliographic InfoPaper provided by University of Otago, Department of Economics in its series Working Papers with number 0903.
Length: 26 pages
Date of creation: Mar 2009
Date of revision: Mar 2009
Sport; Predictions; Estimation; Tournament Design;
Other versions of this item:
- Liam J. A. Lenten & Niven Winchester, 2010. "Optimal Bonus Points in the Australian Football League," Economic Papers, The Economic Society of Australia, vol. 29(4), pages 407-420, December.
- C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
- 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.:
- Liam J. A. Lenten, 2008. "Unbalanced Schedules And The Estimation Of Competitive Balance In The Scottish Premier League," Scottish Journal of Political Economy, Scottish Economic Society, vol. 55(4), pages 488-508, 09.
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