Are French Football Fans Sensitive to Outcome Uncertainty
Luc Arrondel and
Richard Duhautois
Post-Print from HAL
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. JEL Classification: D12, L83
Keywords: uncertainty of outcome hypothesis; competitive balance; demand for football (search for similar items in EconPapers)
Date: 2020-04
New Economics Papers: this item is included in nep-spo
Note: View the original document on HAL open archive server: https://cnam.hal.science/hal-02870529v1
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Citations:
Published in Economie et Statistique / Economics and Statistics, 2020, 513, pp.5-26. ⟨10.24187/ecostat.2019.513.2001⟩
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Working Paper: Are French Football Fans Sensitive to Outcome Uncertainty (2020) 
Journal Article: Are French Football Fans Sensitive to Outcome Uncertainty? (2019) 
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02870529
DOI: 10.24187/ecostat.2019.513.2001
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