Game Outcome Uncertainty and Television Audience Demand: New Evidence from German Football
Dominik Schreyer (),
Sascha L. Schmidt and
German Economic Review, 2018, vol. 19, issue 2, 140-161
Despite its prominence in the economic literature, our knowledge regarding the role of game outcome uncertainty (GOU) in spectator decisionâ€ making is fairly limited. Even worse, studies testing the uncertainty of outcome hypothesis (UOH) by exploring TV demand for European football have further intensified the original ambiguity. In this paper, we revisit the role of GOU in spectator decisionâ€ making by testing the UOH with regard to two different sporting products: (1) domestic league and (2) knockout tournament games. Analyzing TV demand for almost 1,500 German football games, we find support for the UOH in league, though not in knockout tournament games.
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German Economic Review is currently edited by Bernhard Felderer, Joseph F. Francois, Ivo Welch, Urs Schweizer and David E. Wildasin
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