 Outcome uncertainty in sporting competition: the Olympic Games 1896-1996Applied Economics Letters, 1998, vol. 5, issue 3, 161-164 Abstract: This paper examines uncertainty of outcome within the context of international sporting competition through analysing the ratio of medal winning to participating nations for the history of the Summer Olympics. A deficiency within the economics of professional team sports literature concerns the investigation into the determinants of uncertainty per se, although it has prominently featured as an explanatory factor in demand studies. Additionally, previous research on the Olympics has primarily focused upon ';success' in terms of medals won or event placings. An analysis of outcome uncertainty is poignant to the Olympics given the degree of national prestige frequently placed upon success together with the policy debate in relation to their increasing scope. The relationship examined between Olympic uncertainty and a series of hypothesized factors indicates that significant determinants include the level of participation in each Olympiad, Communist-let boycotts and their overall trend. Date: 1998 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:5:y:1998:i:3:p:161-164 Ordering information: This journal article can be ordered from DOI: 10.1080/758521374 Access Statistics for this article Applied Economics Letters is currently edited by Anita Phillips More articles in Applied Economics Letters from Taylor & Francis Journals |
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