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Competitive Intensity, Fans’ Expectations, and Match-Day Tickets Sold in the Italian Football Serie A, 2012-2015

Alexander John Bond and Francesco Addesa

Journal of Sports Economics, 2020, vol. 21, issue 1, 20-43

Abstract: This article investigates the impact of the competitive intensity (CI) on the stadium attendance for Italian soccer in three Serie A seasons (2012-13 to 2014-15). The central element of novelty concerning the existing literature is that fans expectations are also included among the explanatory variables of the Tobit model. Our results show that CI has a significant impact on match-day attendance in relation to all the sporting prizes but Europa League qualification. Moreover, we find evidence supporting the existence of reference-dependent preferences, where the attendance increases when the home team rank is higher than the preseason expectations.

Keywords: competitive balance; competitive intensity; league-standing effect; demand; Serie A (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:sae:jospec:v:21:y:2020:i:1:p:20-43

DOI: 10.1177/1527002519864617

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