Playoff Uncertainty and Pennant Races
Anthony Krautmann,
Young Hoon Lee and
Kevin Quinn
Journal of Sports Economics, 2011, vol. 12, issue 5, 495-514
Abstract:
Outcome uncertainty, a fundamental principle associated with Rottenberg, has many meanings in the sports economics literature. In this article, the authors consider a type of within-season uncertainty termed “playoff uncertainty†(PLU). As with any type of within-season uncertainty, this concept looks at how demanders respond to the probability that their team has a chance of winning over the course of the season. But more specifically, PLU focuses on whether attendance is affected by a team’s chance of making the playoffs. Looking at attendance data on a monthly basis, the authors find that a tighter pennant race does enhance league-wide attendance, but only for those months toward the end of the season when the pennant race is heating up.
Keywords: monthly attendance; playoff uncertainty (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (6)
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Persistent link: https://EconPapers.repec.org/RePEc:sae:jospec:v:12:y:2011:i:5:p:495-514
DOI: 10.1177/1527002510388944
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