A Prospective Analysis of Competitive Balance Levels in Major League Soccer

被引:0
作者
Carlos Gomez-Gonzalez
Julio del Corral
R. Todd Jewell
Jorge García-Unanue
Cornel Nesseler
机构
[1] University of Castilla-La Mancha,Department of Economic Analysis and Finance
[2] University of Castilla-La Mancha,IGOID Research Group
[3] Texas State University,Department of Finance and Economics, McCoy College of Business
[4] European University of Madrid,Faculty of Sport Sciences
[5] University of Zurich,Department of Business Administration
来源
Review of Industrial Organization | 2019年 / 54卷
关键词
Betting odds; Competitive balance; MLS; Soccer;
D O I
暂无
中图分类号
学科分类号
摘要
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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页码:175 / 190
页数:15
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