A stochastic-demographic model to explain success and dominance in international sports

Julian Alexander Klöcker and Frank Daumann

Research in Economics, 2024, vol. 78, issue 4

Abstract: We model a stochastic, demographic-based framework to examine how an empirically proven, so-called first mover advantage affects the long-term sporting success of states by considering, among other things, demographic developments and the accumulation of sport-related human capital. In order to clarify and formalize this advantage in a sports economics framework, we draw on the concept of the stochastic dominance. Since our model is dynamic, it allows us to show how the probability of success of a nation evolves and under which conditions the stochastic dominance reduces.

Keywords: Stochastic dominance; international success in sports; demography; sport-related human capital (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:reecon:v:78:y:2024:i:4:s1090944324000541

DOI: 10.1016/j.rie.2024.100990

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