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Research on the Prediction of the likely Winners of the Euro 2008 Football Tournament

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Author Info
Halicioglu, Ferda

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Abstract

The objective of this research is to provide a statistical measurement to predict the likely winners of international football tournaments with particular reference to the Euro 2008 football tournament. This research argues that there exists a positive relationship between the competitive balance and success in international football tournaments. The level of the competitive balance in a domestic football league is measured by the seasonal coefficients of variation (CV) of the end-of-season points. The CV values are employed as ranking indicators between the contesting countries in international football tournaments to predict the likely winners. The seasonal CV values are computed from the top divison football leagues of participating countries of Euro 1996, Euro 2000, Euro 2004, and Euro 2008, in order to rank and to predict the likely winner of these tournaments. The results indicate that the higher the level of domestic competition the better chance of winning an international football tournament. The CV ranking is also compared to UEFA ranking and to the odds of some well known bookmakers in predicting the likely winners of the Euro 2008 football tournament. On the basis of the overall results, this research predicts that the likely winners of the Euro 2008 football tournament would be France, Spain or Germany.

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File URL: http://mpra.ub.uni-muenchen.de/15567/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 15567.

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Date of creation: 2008
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Handle: RePEc:pra:mprapa:15567

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Related research
Keywords: Competitive balance; Football; Ranking; UEFA; Sports forecasts.;

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Find related papers by JEL classification:
L8 - Industrial Organization - - Industry Studies: Services
H5 - Public Economics - - National Government Expenditures and Related Policies

References listed on IDEAS
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.:

  1. Raymond T. Stefani,, 1997. "Survey of the major world sports rating systems," Journal of Applied Statistics, Taylor and Francis Journals, vol. 24(6), pages 635-646, December. [Downloadable!] (restricted)
  2. Ferda HALICIOGLU, 2005. "The Degree Of Competition In The European Football Leagues: A Statistical Approach," Others 0508001, EconWPA. [Downloadable!]
  3. Jeffery Borland, 2003. "Demand for Sport," Oxford Review of Economic Policy, Oxford University Press, vol. 19(4), pages 478-502, Winter.
  4. Peter J. Sloane, 2000. "The Regulation of Professional Team Sports," IASE Conference Papers 0003, International Association of Sports Economists. [Downloadable!]
  5. Sloane, Peter J, 1971. "The Economics of Professional Football: The Football Club as a Utility Maximiser," Scottish Journal of Political Economy, Scottish Economic Society, vol. 18(2), pages 121-46, June.
  6. Peel, David A & Thomas, Dennis A, 1988. "Outcome Uncertainty and the Demand for Football: An Analysis of Match Attendances in the English Football League," Scottish Journal of Political Economy, Scottish Economic Society, vol. 35(3), pages 242-49, August.
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This page was last updated on 2009-11-29.


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