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dc.contributor.authorOwen, P. Dorianen_NZ
dc.date.available2011-04-07T03:05:59Z
dc.date.copyright2010-07-01en_NZ
dc.identifier.citationOwen, P. D. (2010). Measuring Parity in Sports Leagues with Draws: Further Comments (Economics Discussion Papers Series No. 1005). Department of Economics, University of Otago. Retrieved from http://hdl.handle.net/10523/995en
dc.identifier.urihttp://hdl.handle.net/10523/995
dc.description.abstractThis 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.en_NZ
dc.format.mimetypeapplication/pdf
dc.publisherDepartment of Economics, University of Otagoen_NZ
dc.relation.ispartofseriesEconomics Discussion Papers Seriesen_NZ
dc.relation.urihttp://www.business.otago.ac.nz/econ/research/discussionpapers/index.htmlen_NZ
dc.subjectsports economicsen_NZ
dc.subjectcompetitive balanceen_NZ
dc.subjectrelative standard deviationen_NZ
dc.subjectidealized standard deviationen_NZ
dc.subjectdraws/tiesen_NZ
dc.subject.lcshHB Economic Theoryen_NZ
dc.titleMeasuring Parity in Sports Leagues with Draws: Further Commentsen_NZ
dc.typeDiscussion Paperen_NZ
dc.description.versionPublisheden_NZ
otago.bitstream.pages17en_NZ
otago.date.accession2010-10-05 20:32:15en_NZ
otago.schoolDepartment of Economicsen_NZ
otago.openaccessOpen
otago.place.publicationDunedin, New Zealanden_NZ
dc.identifier.eprints931en_NZ
otago.school.eprintsEconomicsen_NZ
dc.description.referencesBrandes, L., & Franck, E. (2007). Who made who? An empirical analysis of competitive balance in European soccer leagues. Eastern Economic Journal, 33, 379-403. Cain, L. P., & Haddock, D. D. (2006). Measuring parity: Tying into the idealized standard deviation. Journal of Sports Economics, 5, 169-185. Fort, R. (2006). Competitive balance in North American professional sports. In J. Fizel (Ed.), Handbook of sports economics research (pp. 190-206). Armonk, NY: M. E. Sharpe. Fort, R. (2007). Comments on "Measuring parity". Journal of Sports Economics, 8, 642-651. Fort, R., & Quirk, J. (1995). Cross-subsidization, incentives, and outcomes in professional team sports leagues. Journal of Economic Literature, 33, 1265-1299. Noll, R. G. (1988). Professional basketball. Studies in Industrial Economics Paper No. 144. Stanford, CA: Stanford University. Owen, P. D. (2010). Limitations of the relative standard deviation of win percentages for measuring competitive balance in sports leagues. Economics Letters, forthcoming. Quirk, J., & Fort, R. D. (1992). Pay dirt: The business of professional team sports. Princeton, NJ: Princeton University Press. Scully, G. W. (1989). The business of Major League Baseball. Chicago, IL: University of Chicago Press.en_NZ
otago.relation.number1005en_NZ
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