Limitations of the relative standard deviation of win percentages for measuring competitive balance in sports leagues
AbstractThe relative standard deviation of win percentages, the most widely used measure of within-season competitive balance, has an upper bound which is very sensitive to variation in the numbers of teams and games played. Taking into account this upper bound provides additional insight into comparisons of competitive balance across leagues or over time.
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Bibliographic InfoPaper provided by University of Otago, Department of Economics in its series Working Papers with number 0908.
Length: 13 pages
Date of creation: Jul 2009
Date of revision: Mar 2010
Competitive balance; Relative standard deviation; Idealized standard deviation;
Other versions of this item:
- Owen, P. Dorian, 2010. "Limitations of the relative standard deviation of win percentages for measuring competitive balance in sports leagues," Economics Letters, Elsevier, vol. 109(1), pages 38-41, October.
- 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.:
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