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Skating On Thin Ice: Rule Changes And Team Strategies In The Nhl

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  • Banerjee, Anurag N.
  • Swinnen, Johan F.M.
  • Weersink, Alfons

Abstract

In an effort to stimulate a more exciting and entertaining way of play, the NHL changed the rewards associated with the results of overtime games. This paper presents a theoretical model to explain the effect of the rule change on the strategy of play during both the overtime period and the regulation time game. Empirical data confirm the theoretical results.

Suggested Citation

  • Banerjee, Anurag N. & Swinnen, Johan F.M. & Weersink, Alfons, 2004. "Skating On Thin Ice: Rule Changes And Team Strategies In The Nhl," PRG Working Papers 31870, Katholieke Universiteit Leuven, LICOS - Centre for Institutions and Economic Performance.
  • Handle: RePEc:ags:kuliwp:31870
    DOI: 10.22004/ag.econ.31870
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    References listed on IDEAS

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    1. Palomino, F.A. & Rigotti, L. & Rustichini, A., 1998. "Skill, Strategy and Passion : An Empirical Analysis of Soccer," Discussion Paper 1998-129, Tilburg University, Center for Economic Research.
    2. Jason Abrevaya, 2004. "Fit to be Tied," Journal of Sports Economics, , vol. 5(3), pages 292-306, August.
    3. Maloney Michael T. & Terkun Kristina, 2002. "Road Warrior Booty: Prize Structures in Motorcycle Racing," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 1(1), pages 1-18, April.
    4. Michael T. Maloney & Robert E. McCormick, 2000. "The Response of Workers to Wages in Tournaments," Journal of Sports Economics, , vol. 1(2), pages 99-123, May.
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    Cited by:

    1. Egon Franck & Philipp Theiler, 2008. "One for sure or three maybe - Empirical evidence for overtime play from Swiss ice hockey," Working Papers 0024, University of Zurich, Center for Research in Sports Administration (CRSA), revised 2010.
    2. Franck Egon & Theiler Philipp, 2012. "One for Sure or Maybe Three: Empirical Evidence for Overtime Play from a Comparison of Swiss Ice Hockey and the NHL," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 232(3), pages 210-223, June.
    3. Alexander Dilger & Hannah Geyer, 2009. "Are Three Points for a Win Really Better Than Two?," Journal of Sports Economics, , vol. 10(3), pages 305-318, June.
    4. Stephen Dobson & John Goddard, 2008. "Strategic Behaviour and Risk Taking in Football," Working Papers 0805, University of Crete, Department of Economics.
    5. Dobson, Stephen & Goddard, John, 2010. "Optimizing strategic behaviour in a dynamic setting in professional team sports," European Journal of Operational Research, Elsevier, vol. 205(3), pages 661-669, September.
    6. Niven Winchester & Raymond T. Stefani, 2009. "An innovative approach to National Football League standings using optimal bonus points," Working Papers 0905, University of Otago, Department of Economics, revised Jun 2009.
    7. Liam J.A. Lenten & Jan Libich & Petr Stehlík, 2013. "Policy Timing and Footballers' Incentives," Journal of Sports Economics, , vol. 14(6), pages 629-655, December.
    8. Kenneth Linna & Evan Moore & Rodney Paul & Andrew Weinbach, 2014. "The Effects of the Clock and Kickoff Rule Changes on Actual and Market-Based Expected Scoring in NCAA Football," IJFS, MDPI, vol. 2(2), pages 1-14, April.

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    More about this item

    Keywords

    Consumer/Household Economics;

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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