The group size and loyalty of football fans: a two-stage estimation procedure to compare customer potentials across teams
This paper presents estimation results on the size and loyalty of sport teamsÕ sup- porter groups in professional German football. Based on a novel two-stage estimation procedure, we find clear evidence for heterogeneity across teams. In a first stage, a random utility model for a representative consumer is modeled and fitted to more than 1,700 matches over the seasons 1996 - 2001. In a second-step, attendance prob- abilities are predicted for the seasons 2002 - 2003 to estimate group sizes. A teamÕs group size is positively correlated with its memberships (rho =0.61, p
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Volume (Year): 176 (2013)
Issue (Month): 2 (02)
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