Social pressure and home bias in football: evidence from Italy

Emmanuel Caiazzo, Claudio Chino (), Raffaele Mattera () and Chiara Scarfato ()
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Claudio Chino: Department of Economics and Statistics, University of Naples "Federico II"
Raffaele Mattera: Department of Social and Economic Sciences, Sapienza University of Rome
Chiara Scarfato: Department of Economics and Statistics, University of Naples "Federico II"

Economics Bulletin, 2022, vol. 42, issue 2, 1081 - 1091

Abstract: In this paper, we follow an Instrumental Variable (IV) estimation strategy to assess the impact of crowd effects on the outcomes of the Italian Serie A matches. We use weather conditions to instrument for crowd attendance. We verify the validity of our identification strategy by taking advantage of matches played during the COVID-19 outbreak in Italy. We find that crowd effects have a positive impact on the home team performance.

Keywords: Sport Economics; Fans support; Football match; Soccer; Home bias; Home advantage; Instrumental Variable (search for similar items in EconPapers)
JEL-codes: C9 L8 (search for similar items in EconPapers)
Date: 2022-06-30
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Citations: View citations in EconPapers (2)

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