Competitive Balance and Attention Level Effects: Theoretical Considerations and Preliminary Evidence
Ilmenau Economics Discussion Papers, Vol. 19, No. 84, March 2014
19 Pages Posted: 17 Mar 2014
Date Written: March 10, 2014
Abstract
We try to better understand possible reasons for deviations between statistically-measured competitive balance (CB) and perceived CB. Moreover, we suggest answers to the following questions: are there specific dimensions of CB that are perceived to be significantly less balanced in the Danish Superligaen compared to the other two leagues? Are there objective measures that “confirm” the fans’ perception or does OCB in general deviate from PCB?
Keywords: competitive balance, sports economics, behavioural economics, mid-term outcome uncertainty, fan perception
JEL Classification: L83, D03
Suggested Citation: Suggested Citation