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A Prospective Analysis of Competitive Balance Levels in Major League Soccer


Gomez-Gonzalez, Carlos; del Corral, Julio; Jewell, R Todd; García-Unanue, Jorge; Nesseler, Cornel (2019). A Prospective Analysis of Competitive Balance Levels in Major League Soccer. Review of Industrial Organization, 54(1):175-190.

Abstract

This study introduces a graphical methodology to the analysis of competitive balance in sports, which is prospective in nature and captures more subtleties than commonly-used retrospective measures. Thus, this study examines the evolution of competitive balance in Major League Soccer from 2004 to 2015, including the potential role played by certain league policies. For this purpose, we use prospective measures, based on probabilities that are extracted from betting odds (ex-ante) and on retrospective indicators (ex-post). The results differ slightly when analyzing competitive balance and predicting attendance. However, the graphical measures provide additional practical information about the characteristics of competitive balance.

Abstract

This study introduces a graphical methodology to the analysis of competitive balance in sports, which is prospective in nature and captures more subtleties than commonly-used retrospective measures. Thus, this study examines the evolution of competitive balance in Major League Soccer from 2004 to 2015, including the potential role played by certain league policies. For this purpose, we use prospective measures, based on probabilities that are extracted from betting odds (ex-ante) and on retrospective indicators (ex-post). The results differ slightly when analyzing competitive balance and predicting attendance. However, the graphical measures provide additional practical information about the characteristics of competitive balance.

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Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:03 Faculty of Economics > Department of Business Administration
Dewey Decimal Classification:330 Economics
Scopus Subject Areas:Social Sciences & Humanities > Economics and Econometrics
Social Sciences & Humanities > Strategy and Management
Social Sciences & Humanities > Organizational Behavior and Human Resource Management
Social Sciences & Humanities > Management of Technology and Innovation
Language:English
Date:February 2019
Deposited On:21 Aug 2019 09:23
Last Modified:16 Apr 2020 00:03
Publisher:Springer
ISSN:1573-7160
OA Status:Closed
Publisher DOI:https://doi.org/10.1007/s11151-018-9667-3
Other Identification Number:merlin-id:17477

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