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Are French Football Fans Sensitive to Outcome Uncertainty
- Source :
- Economie et Statistique / Economics and Statistics, Economie et Statistique / Economics and Statistics, INSEE, 2020, pp.5-26. ⟨10.24187/ecostat.2019.513.2001⟩
- Publication Year :
- 2020
- Publisher :
- HAL CCSD, 2020.
-
Abstract
- The idea that competitive balance increases the utility of fans, and therefore their spending and the revenue of professional clubs, lies at the heart of sports economics in general and the economics of football in particular. This notion of competitive balance is often invoked to explain the decisions of professional leagues to change the rules of competitions or the distribution of TV rights. However, the empirical literature shows that the relationship between competitive balance and fan demand is far from obvious. In this paper, we examine the idea of competitive balance as perceived by football fans. In the case of Ligue 1, it is mainly explained by medium‑ and long‑term uncertainty, while in the case of the Champions League it is more a matter of long‑term suspense. But uncertainty over the outcome is far from being the only factor explaining the demand for football since around 30% of fans report that they would always be willing to attend or watch games even in the hypothetical case that there is no suspense left.<br />Arrondel Luc, Duhautois Richard. Are French Football Fans Sensitive to Outcome Uncertainty?. In: Economie et Statistique / Economics and Statistics, n°513, 2019. pp. 5-26.
- Subjects :
- Statistics and Probability
Economics and Econometrics
Sociology and Political Science
uncertainty of outcome hypothesis
[QFIN]Quantitative Finance [q-fin]
business.industry
Distribution (economics)
competitive balance
demand for football
Football
League
Outcome (game theory)
[SHS]Humanities and Social Sciences
JEL Classification D12 - L83
JEL: D - Microeconomics/D.D1 - Household Behavior and Family Economics/D.D1.D12 - Consumer Economics: Empirical Analysis
Balance (accounting)
Economics
Sports economics
Revenue
JEL: L - Industrial Organization/L.L8 - Industry Studies: Services/L.L8.L83 - Sports • Gambling • Restaurants • Recreation • Tourism
Literature study
Positive economics
business
Subjects
Details
- Language :
- English
- ISSN :
- 03361454
- Database :
- OpenAIRE
- Journal :
- Economie et Statistique / Economics and Statistics, Economie et Statistique / Economics and Statistics, INSEE, 2020, pp.5-26. ⟨10.24187/ecostat.2019.513.2001⟩
- Accession number :
- edsair.doi.dedup.....24190055d86cdcf6b5ccbe7a35ed8652