Gender Competitiveness and Predictability, and Prize Money in Grand Slam Tennis Tournaments

33 Pages Posted: 2 Dec 2019 Last revised: 17 Dec 2019

See all articles by David Feldman

David Feldman

Banking and Finance, UNSW Business School, UNSW Sydney; Financial Research Network (FIRN)

Shulamith Gross

National Science Foundation

Yang Long

City University of NY, Baruch College, Zicklin School of Business

Date Written: December 2, 2019

Abstract

Tournament competitiveness and predictability of outcomes are inversely related. We introduce a new measure of competitiveness or predictability using discrepancies between tennis players’ seed values and attained ranks in all rounds of the four Grand Slam Tennis Tournaments (GST). Using data from the Association of Tennis Professionals (ATP) and Women’s Tennis Association (WTA), we study gender-differentiated competitiveness or predictability and its dependence on prize money. Men’s GST are less predictable and more competitive than women’s GST. While competitiveness increases with prize money, the increase for women is significantly larger than for men.

Keywords: Gender, Competitiveness, Predictability, Grand Slam Tennis Tournaments, Competitive Balance, Prize Money

JEL Classification: G19, G59, J16, Z20, Z23

Suggested Citation

Feldman, David and Gross, Shulamith and Long, Yang, Gender Competitiveness and Predictability, and Prize Money in Grand Slam Tennis Tournaments (December 2, 2019). Available at SSRN: https://ssrn.com/abstract=3496520

David Feldman (Contact Author)

Banking and Finance, UNSW Business School, UNSW Sydney ( email )

UNSW Sydney, NSW 2052
Australia
+61 2 9385 5748 (Phone)
+61 2 9385 6347 (Fax)

Financial Research Network (FIRN)

C/- University of Queensland Business School
St Lucia, 4071 Brisbane
Queensland
Australia

HOME PAGE: http://www.firn.org.au

Shulamith Gross

National Science Foundation ( email )

4201 Wilson Boulevard
Arlington, VA 22230
United States

Yang Long

City University of NY, Baruch College, Zicklin School of Business ( email )

One Bernard Baruch Way
New York, NY 10010
United States

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