Measuring Parity in Sports Leagues with Draws: Further Comments

Dorian Owen

No 1005, Working Papers from University of Otago, Department of Economics

Abstract: This paper re-examines the calculation of the relative standard deviation (RSD) measure of competitive balance in leagues in which draws are possible outcomes. Some key conclusions emerging from the exchange between Cain and Haddock (2006) and Fort (2007) are reversed. There is no difference, for any given points assignment scheme, between the RSD for absolute points compared to percentages of points. However, variations in the points assignment that change the ratio of points for a win compared to a draw do result in different RSD values, although the numerical differences are minor.

Keywords: sports economics; competitive balance; relative standard deviation; idealized standard deviation; draws/ties (search for similar items in EconPapers)
JEL-codes: D63 L83 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2010-07, Revised 2010-07
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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http://www.otago.ac.nz/economics/research/otago077132.pdf First version, 2010 (application/pdf)

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Working Paper: Measuring Parity in Sports Leagues with Draws: Further Comments (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:otg:wpaper:1005

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