Arbeitspapier
The (monetary) value of competitive balance for sport consumers: A stated preferences approach to European professional football
Ever since the pioneering work of Rottenberg (1956) and Neale (1964), the uncertainty of outcome hypothesis (UOH) has played a major role in the economic analysis of professional sport leagues. However, decades f empirical research have not been successful in establishing clear evidence for the importance of competitive balance (CB) for attendance or TV viewers in European professional football. In order to find possible reasons for the gap between the UOH and (the lack of) its empirical validation, our paper adopts a stated preference approach focused on the fans' perception of CB and its relevance in three European professional football leagues. The results indicate that a tipping point/threshold value of CB exists and that crossing this threshold can lead to massive demand eactions. However, since the threshold has not been reached in the leagues included in the sample, the paper provides a possible explanation for the above mentioned gap.
- Sprache
-
Englisch
- Erschienen in
-
Series: Ilmenau Economics Discussion Papers ; No. 77
- Klassifikation
-
Wirtschaft
Consumer Economics: Empirical Analysis
Sports; Gambling; Restaurants; Recreation; Tourism
- Thema
-
Willingness-to-pay
Competitive balance
Uncertainty of outcome hypothesis
European Football
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Pawlowski, Tim
Budzinski, Oliver
- Ereignis
-
Veröffentlichung
- (wer)
-
Technische Universität Ilmenau, Institut für Volkswirtschaftslehre
- (wo)
-
Ilmenau
- (wann)
-
2012
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Pawlowski, Tim
- Budzinski, Oliver
- Technische Universität Ilmenau, Institut für Volkswirtschaftslehre
Entstanden
- 2012
Ähnliche Objekte (12)
Four cases in sports competition policy: Baseball, judo, football, and motor racing
Measuring competitive balance in Formula One Racing
Promoting or restricting competition? - The 50plus1-rule in German football
Competitive balance and attention level effects: Theoretical considerations and preliminary evidence
The behavioural economics of competitive balance: Implications for league policy and championship management
Should organizing premier-level European football be a monopoly? And who should run it? - An economists' perspective
The institutional framework for doing sports business: Principles of EU competition policy in sports markets
Sind Wettbewerbe im Profisport Rattenrennen?
Pluralism of competition policy paradigms and the call for regulatory diversity
An institutional analysis of the enforcement problems in merger control
An international multilevel competition policy system
International antitrust institutions
Four cases in sports competition policy: Baseball, judo, football, and motor racing
Measuring competitive balance in Formula One Racing
Promoting or restricting competition? - The 50plus1-rule in German football
Competitive balance and attention level effects: Theoretical considerations and preliminary evidence
The behavioural economics of competitive balance: Implications for league policy and championship management
Should organizing premier-level European football be a monopoly? And who should run it? - An economists' perspective
The institutional framework for doing sports business: Principles of EU competition policy in sports markets
Sind Wettbewerbe im Profisport Rattenrennen?
Pluralism of competition policy paradigms and the call for regulatory diversity
An institutional analysis of the enforcement problems in merger control
An international multilevel competition policy system
International antitrust institutions
Four cases in sports competition policy: Baseball, judo, football, and motor racing
Measuring competitive balance in Formula One Racing
Promoting or restricting competition? - The 50plus1-rule in German football
Competitive balance and attention level effects: Theoretical considerations and preliminary evidence
The behavioural economics of competitive balance: Implications for league policy and championship management
Should organizing premier-level European football be a monopoly? And who should run it? - An economists' perspective
The institutional framework for doing sports business: Principles of EU competition policy in sports markets
Sind Wettbewerbe im Profisport Rattenrennen?
Pluralism of competition policy paradigms and the call for regulatory diversity
An institutional analysis of the enforcement problems in merger control
An international multilevel competition policy system