Competitive Balance Measures in Sports Leagues: The Effects of Variation in Season Length
Appropriate measurement of competitive balance is a cornerstone of the economic analysis of professional sports leagues. We examine the distributional properties of the ratio of standard deviations (RSD) of points percentages, the most widely used measure of competitive balance in the sports economics literature, in comparison with other standard-deviation-based measures. Simulation methods are used to evaluate the effects of changes in season length on the distributions of competitive balance measures for different distributions of the strengths of teams in a league. The popular RSD measure performs as expected only in cases of perfect balance; if there is imbalance in team strengths, its distribution is very sensitive to changes in season length. This has important implications for comparisons of competitive balance for different sports leagues with different numbers of teams and/or games played.
|Date of creation:||Jul 2013|
|Date of revision:||Jul 2013|
|Contact details of provider:|| Postal: P.O. Box 56, Dunedin|
Phone: +64 3 479 8725
Fax: 64 3 479 8171
Web page: http://www.business.otago.ac.nz/econ
More information through EDIRC
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.:
- 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.
- Koning, Ruud H. & Koolhaas, Michael & Renes, Gusta, 2001.
"A simulation model for football championships,"
01A65, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
- Blair,Roger D., 2012. "Sports Economics," Cambridge Books, Cambridge University Press, number 9780521876612, December.
- Dobson,Stephen & Goddard,John, 2011. "The Economics of Football," Cambridge Books, Cambridge University Press, number 9780521517140, December.
- 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.
- Craig Depken, 1999.
"Free-Agency and the Competitiveness of Major League Baseball,"
Review of Industrial Organization,
Springer;The Industrial Organization Society, vol. 14(3), pages 205-217, May.
- Craig A. Depken II, 1996. "Free-Agency and the Competitiveness of Major-League Baseball," Industrial Organization 9610001, EconWPA, revised 31 Oct 1996.
- Jeffery Borland, 2003. "Demand for Sport," Oxford Review of Economic Policy, Oxford University Press, vol. 19(4), pages 478-502, Winter.
- P. Owen & Michael Ryan & Clayton Weatherston, 2007. "Measuring Competitive Balance in Professional Team Sports Using the Herfindahl-Hirschman Index," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 31(4), pages 289-302, December.
- Nicholas King & P. Dorian Owen & Rick Audas, 2010.
"Playoff Uncertainty, Match Uncertainty and Attendance at Australian National Rugby League Matches,"
1007, University of Otago, Department of Economics, revised Aug 2010.
- Nicholas King & P. Dorian Owen & Rick Audas, 2012. "Playoff Uncertainty, Match Uncertainty and Attendance at Australian National Rugby League Matches," The Economic Record, The Economic Society of Australia, vol. 88(281), pages 262-277, 06.
- Nicholas King & P Dorian Owen & Rick Audas, 2010. "Playoff Uncertainty, Match Uncertainty and Attendance at Australian National Rugby League Matches," NCER Working Paper Series 61, National Centre for Econometric Research.
- Stephen Dobson & John Goddard & John Wilson, 2001. "League Structure and Match Attendances in English Rugby League," International Review of Applied Economics, Taylor & Francis Journals, vol. 15(3), pages 335-351.
- Oscar Bajo & Rafael Salas, 1999.
"Inequality Foundations of Concentration Measures: An Application to the Hannah-Kay Indices,"
Documentos de Trabajo - Lan Gaiak Departamento de Economía - Universidad Pública de Navarra
9901, Departamento de Economía - Universidad Pública de Navarra.
- Oscar Bajo & Rafael Salas, 2002. "Inequality foundations of concentration measures: An application to the Hannah-Kay indices," Spanish Economic Review, Springer;Spanish Economic Association, vol. 4(4), pages 311-316.
- Salas, Rafael & Bajo, Oscar, 1999. "Inequality foundations of concentration measures: an application to the hannah-kay indices," UC3M Working papers. Economics 6137, Universidad Carlos III de Madrid. Departamento de Economía.
- Rodney Fort & Young Hoon Lee, 2007. "Structural Change, Competitive Balance, And The Rest Of The Major Leagues," Economic Inquiry, Western Economic Association International, vol. 45(3), pages 519-532, 07.
- Kelly Goossens, 2006. "Competitive balance in european football: comparison by adapting measures: national measure of seasonal imbalance and Top 3," Rivista di Diritto ed Economia dello Sport, Centro di diritto e business dello Sport, vol. 2(2), pages 77-122, Dicembre.
- Owen, P. Dorian, 2010.
"Limitations of the relative standard deviation of win percentages for measuring competitive balance in sports leagues,"
Elsevier, vol. 109(1), pages 38-41, October.
- P. Dorian Owen, 2009. "Limitations of the relative standard deviation of win percentages for measuring competitive balance in sports leagues," Working Papers 0908, University of Otago, Department of Economics, revised Mar 2010.
- Rodney Fort & James Quirk, 2010. "Optimal Competitive Balance in Single-Game Ticket Sports Leagues," Journal of Sports Economics, , vol. 11(6), pages 589-601, December.
- Trandel Gregory A & Maxcy Joel G, 2011. "Adjusting Winning-Percentage Standard Deviations and a Measure of Competitive Balance for Home Advantage," Journal of Quantitative Analysis in Sports, De Gruyter, vol. 7(1), pages 1-17, January.
- Martin B. Schmidt & David J. Berri, 2003. "On the Evolution of Competitive Balance: The Impact of an Increasing Global Search," Economic Inquiry, Western Economic Association International, vol. 41(4), pages 692-704, October.
- Puterman Martin L & Wang Qingchen, 2011. "Optimal Dynamic Clustering Through Relegation and Promotion: How to Design a Competitive Sports League," Journal of Quantitative Analysis in Sports, De Gruyter, vol. 7(2), pages 1-34, May.
- Rodney Fort & James Quirk, 2011. "Optimal Competitive Balance In A Season Ticket League," Economic Inquiry, Western Economic Association International, vol. 49(2), pages 464-473, 04.
- Vasileios Manasis & Vassiliki Avgerinou & Ioannis Ntzoufras & J. James Reade, 2011. "Measurement of competitive balance in professional team sports using the Normalized Concentration Ratio," Economics Bulletin, AccessEcon, vol. 31(3), pages 2529-2540.
- Simon Rottenberg, 1956. "The Baseball Players' Labor Market," Journal of Political Economy, University of Chicago Press, vol. 64, pages 242-242.
- P. Dorian Owen, 2012. "Measuring Parity in Sports Leagues With Draws," Journal of Sports Economics, , vol. 13(1), pages 85-95, February.
- Martin B. Schmidt & David J. Berri, 2001. "Competitive Balance and Attendance: The Case of Major League Baseball," Journal of Sports Economics, , vol. 2(2), pages 145-167, May.
- Stefan Szymanski, 2003. "The Economic Design of Sporting Contests," Journal of Economic Literature, American Economic Association, vol. 41(4), pages 1137-1187, December.
When requesting a correction, please mention this item's handle: RePEc:otg:wpaper:1309. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Janet Bryant)
If references are entirely missing, you can add them using this form.