Measuring Parity in Sports Leagues with Draws: Further Comments
This paper re-examines the calculation of the relative standard deviation (RSD) measure of competitive balance in leagues in which draws are possible outcomes. Some key conclusions emerging from the exchange between Cain and Haddock (2006) and Fort (2007) are reversed. There is no difference, for any given points assignment scheme, between the RSD for absolute points compared to percentages of points. However, variations in the points assignment that change the ratio of points for a win compared to a draw do result in different RSD values, although the numerical differences are minor.
|Date of creation:||13 Aug 2010|
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- P. Dorian Owen, 2009.
"Limitations of the relative standard deviation of win percentages for measuring competitive balance in sports leagues,"
0908, University of Otago, Department of Economics, revised Mar 2010.
- Owen, P. Dorian, 2010. "Limitations of the relative standard deviation of win percentages for measuring competitive balance in sports leagues," Economics Letters, Elsevier, vol. 109(1), pages 38-41, October.
- Leif Brandes & Egon Franck, 2005.
"Who made Who? An Empirical Analysis of Competitive Balance in European Soccer Leagues,"
0004, University of Zurich, Center for Research in Sports Administration (CRSA), revised 2006.
- Lief Brandes & Egon Franck, 2007. "Who Made Who – An Empirical Analysis of Competitive Balance in European Soccer Leagues," Eastern Economic Journal, Eastern Economic Association, vol. 33(3), pages 379-403, Summer.
- Leif Brandes & Egon Franck, 2005. "Who made Who? An Empirical Analysis of Competitive Balance in European Soccer Leagues," Working Papers 0041, University of Zurich, Institute for Strategy and Business Economics (ISU), revised 2006.
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