Impact of playoffs on seasonal uncertainty in Czech ice hockey Extraliga
AbstractIn the top Czech ice hockey competition “Extraliga”, 14 geographically close teams compete during a regular season in a pure round-robin tournament. However, the eventual champion is determined in the additional playoff stage; the regular season just decides which teams qualify for the playoffs and how these teams are seeded. This paper uses a Monte Carlo simulation to show that although the additional playoff stage heavily favors higher-seeded teams and consists of a lot of matches, it lowers the probability of the best team becoming a champion and thus increases seasonal uncertainty.
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 InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 44608.
Date of creation: 27 Feb 2013
Date of revision:
seasonal uncertainty; Monte Carlo; ice hockey; tournament design;
Find related papers by JEL classification:
- C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
This paper has been announced in the following NEP Reports:
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.:
- Goddard, John, 2005. "Regression models for forecasting goals and match results in association football," International Journal of Forecasting, Elsevier, vol. 21(2), pages 331-340.
- Dennis Coates & Brad R. Humphreys, 2011.
"Game Attendance and Competitive Balance in the National Hockey League,"
1114, International Association of Sports Economists & North American Association of Sports Economists.
- Coates, Dennis & Humphreys, Brad, 2011. "Game Attendance and Competitive Balance in the National Hockey League," Working Papers 2011-8, University of Alberta, Department of Economics.
- Dennis Coates & Brad R. Humphreys, 2011. "Game Attendance and Competitive Balance in the National Hockey League," UMBC Economics Department Working Papers 11-130, UMBC Department of Economics.
- Pawlowski, Tim & Budzinski, Oliver, 2012.
"The (monetary) value of competitive balance for sport consumers: A stated preferences approach to European professional football,"
Ilmenau Economics Discussion Papers
77, Ilmenau University of Technology, Institute of Economics.
- Tim Pawlowski & Oliver Budzinski, 2013. "The Monetary Value of Competitive Balance for Sport Consumers: A Stated Preference Approach to European Professional Football," International Journal of Sport Finance, Fitness Information Technology, vol. 8(2), pages 112-123, May.
- Brad R. Humphreys, 2002. "Alternative Measures of Competitive Balance in Sports Leagues," Journal of Sports Economics, , vol. 3(2), pages 133-148, May.
- Thomas Andrew C, 2007. "Inter-arrival Times of Goals in Ice Hockey," Journal of Quantitative Analysis in Sports, De Gruyter, vol. 3(3), pages 1-17, July.
- Stefan Szymanski & Stefan KÈsenne, 2004.
"Competitive balance and gate revenue sharing in team sports,"
Journal of Industrial Economics,
Wiley Blackwell, vol. 52(1), pages 165-177, 03.
- Késenne Stefan & Szymanski S., 2003. "Competitive balance and gate revenue sharing in team sports," Working Papers 2003003, University of Antwerp, Faculty of Applied Economics.
- Scarf, Philip & Yusof, Muhammad Mat & Bilbao, Mark, 2009. "A numerical study of designs for sporting contests," European Journal of Operational Research, Elsevier, vol. 198(1), pages 190-198, October.
- Stefan Szymanski, 2003. "The Economic Design of Sporting Contests," Journal of Economic Literature, American Economic Association, vol. 41(4), pages 1137-1187, December.
- P. A. Scarf & M. M. Yusof, 2011. "A numerical study of tournament structure and seeding policy for the soccer World Cup Finals," Statistica Neerlandica, Netherlands Society for Statistics and Operations Research, vol. 65(1), pages 43-57, 02.
- Szymanski, Stefan, 2001. "Income Inequality, Competitive Balance and the Attractiveness of Team Sports: Some Evidence and a Natural Experiment from English Soccer," Economic Journal, Royal Economic Society, vol. 111(469), pages F69-84, February.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht).
If references are entirely missing, you can add them using this form.