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Entropy, competitiveness and UEFA football ranking

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  • Ferreira, Paulo

Abstract

This paper intends to explore the utilization of entropy through football, generalizing the interpretation of entropy. We consider it as a measure of competitiveness of football leagues and relate it to the UEFA ranking, which ranks yearly the performance of countries in European Cups. We expect that more competitive leagues, meaning that a championship is more leveled, have a better UEFA ranking. Correlating entropy with UEFA ranking, we find evidence of that relationship

Suggested Citation

  • Ferreira, Paulo, 2015. "Entropy, competitiveness and UEFA football ranking," MPRA Paper 63132, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:63132
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    File URL: https://mpra.ub.uni-muenchen.de/63132/1/MPRA_paper_63132.pdf
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    References listed on IDEAS

    as
    1. A. Dionisio & R. Menezes & D. A. Mendes, 2006. "An econophysics approach to analyse uncertainty in financial markets: an application to the Portuguese stock market," The European Physical Journal B: Condensed Matter and Complex Systems, Springer;EDP Sciences, vol. 50(1), pages 161-164, March.
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    More about this item

    Keywords

    entropy; football; competitiveness; UEFA ranking;
    All these keywords.

    JEL classification:

    • C49 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Other
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • Z19 - Other Special Topics - - Cultural Economics - - - Other

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