Pub Date : 2024-09-01DOI: 10.1016/j.serev.2024.100040
We investigate the presence of nationality salary premia in two top European football leagues (the Premier League and Serie A). We uncover a substantial pay premium for South American players (primarily driven by Argentina and Brazil) of between 11 and 15 per cent in magnitude. We investigate possible mechanisms, such as whether these salary effects are driven by new entrants to the league, and whether they are reflected in team attendances and team performance. Fans appear to respond to higher proportions of South American players in England, but not in Italy. We discuss the implications of these results and suggest why potential differences might exist across the leagues.
{"title":"Is there a nationality wage premium in European football?","authors":"","doi":"10.1016/j.serev.2024.100040","DOIUrl":"10.1016/j.serev.2024.100040","url":null,"abstract":"<div><p>We investigate the presence of nationality salary premia in two top European football leagues (the Premier League and Serie A). We uncover a substantial pay premium for South American players (primarily driven by Argentina and Brazil) of between 11 and 15 per cent in magnitude. We investigate possible mechanisms, such as whether these salary effects are driven by new entrants to the league, and whether they are reflected in team attendances and team performance. Fans appear to respond to higher proportions of South American players in England, but not in Italy. We discuss the implications of these results and suggest why potential differences might exist across the leagues.</p></div>","PeriodicalId":101182,"journal":{"name":"Sports Economics Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S277316182400017X/pdfft?md5=c4fde6dcbcec1c9a1163d09f5e036a1b&pid=1-s2.0-S277316182400017X-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142129027","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-08-23DOI: 10.1016/j.serev.2024.100039
We present a game-theoretic model of baseball as a two-by-two normal-form game between pitchers and batters, where batters decide whether to swing or hold, and pitchers choose whether to throw inside or outside the strike zone. We use machine learning to label pitches that have not been swung at. Our approach enables testing of the predictions derived from the Minimax Theorem for both players. The hypotheses of equality of payoffs across actions and the absence of serial correlation hold for the majority of players. Batters exhibit lower swing rates than theoretical predictions, while pitchers tend to throw inside the strike zone more frequently than expected.
{"title":"Professionals do play Minimax: Revisiting the Nash equilibrium in Major League Baseball","authors":"","doi":"10.1016/j.serev.2024.100039","DOIUrl":"10.1016/j.serev.2024.100039","url":null,"abstract":"<div><p>We present a game-theoretic model of baseball as a two-by-two normal-form game between pitchers and batters, where batters decide whether to swing or hold, and pitchers choose whether to throw inside or outside the strike zone. We use machine learning to label pitches that have not been swung at. Our approach enables testing of the predictions derived from the Minimax Theorem for both players. The hypotheses of equality of payoffs across actions and the absence of serial correlation hold for the majority of players. Batters exhibit lower swing rates than theoretical predictions, while pitchers tend to throw inside the strike zone more frequently than expected.</p></div>","PeriodicalId":101182,"journal":{"name":"Sports Economics Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-08-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142087801","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-08-06DOI: 10.1016/j.serev.2024.100038
Does success breed success? Psychological momentum theory suggests that past achievements might influence future performance. However, distinguishing between psychological and strategic momentum — where a player's effort shifts based on relative position — is challenging. In this paper, using a novel dataset from professional Counter-Strike: Global Offensive matches, I focus on technical timeouts. These timeouts don't affect player position but may disrupt psychological momentum. I find that a winning [losing] team with significant momentum sees a 13 [11.7] percentage points increased chance of losing [winning] the following round after calling for such a timeout. This shows that psychological momentum significantly affects performance and that timeouts can reset the momentum.
{"title":"Momentum-stopping: Effects on performance","authors":"","doi":"10.1016/j.serev.2024.100038","DOIUrl":"10.1016/j.serev.2024.100038","url":null,"abstract":"<div><p>Does success breed success? Psychological momentum theory suggests that past achievements might influence future performance. However, distinguishing between psychological and strategic momentum — where a player's effort shifts based on relative position — is challenging. In this paper, using a novel dataset from professional <em>Counter-Strike: Global Offensive</em> matches, I focus on technical timeouts. These timeouts don't affect player position but may disrupt psychological momentum. I find that a winning [losing] team with significant momentum sees a 13 [11.7] percentage points increased chance of losing [winning] the following round after calling for such a timeout. This shows that psychological momentum significantly affects performance and that timeouts can reset the momentum.</p></div>","PeriodicalId":101182,"journal":{"name":"Sports Economics Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-08-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141979060","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-22DOI: 10.1016/j.serev.2024.100037
Economic agents react to incentives, and this holds true for professional football teams as well. Double round-robin and single-match elimination represent two opposite competition regimes, with incentives varying distinctly between them. At the level of individual matches, a single defeat needs not be fatal under a double round-robin regime, unlike in a single-match elimination system. Utilizing data from Dutch professional football from the 2004/05 season to the 2022/23 season, we compare single-match elimination Cup matches with double round-robin league matches, focusing on stadium attendance, match results, and home advantage. Stadium attendance tends to be lower in Cup matches, although the gap narrows in later stages of the Cup tournament, and it eventually disappears. The home advantage is similar in Cup matches and league matches, but when Cup matches extend beyond regular time, the home advantage diminishes. In later stages of the Cup tournament, both during extra time and penalty shootouts, home advantage appears to be virtually absent.
{"title":"Incentives matter sometimes: On the differences between league and Cup football matches","authors":"","doi":"10.1016/j.serev.2024.100037","DOIUrl":"10.1016/j.serev.2024.100037","url":null,"abstract":"<div><p>Economic agents react to incentives, and this holds true for professional football teams as well. Double round-robin and single-match elimination represent two opposite competition regimes, with incentives varying distinctly between them. At the level of individual matches, a single defeat needs not be fatal under a double round-robin regime, unlike in a single-match elimination system. Utilizing data from Dutch professional football from the 2004/05 season to the 2022/23 season, we compare single-match elimination Cup matches with double round-robin league matches, focusing on stadium attendance, match results, and home advantage. Stadium attendance tends to be lower in Cup matches, although the gap narrows in later stages of the Cup tournament, and it eventually disappears. The home advantage is similar in Cup matches and league matches, but when Cup matches extend beyond regular time, the home advantage diminishes. In later stages of the Cup tournament, both during extra time and penalty shootouts, home advantage appears to be virtually absent.</p></div>","PeriodicalId":101182,"journal":{"name":"Sports Economics Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-07-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2773161824000144/pdfft?md5=2126c5d2378df2ffaf1b960e9addf4c8&pid=1-s2.0-S2773161824000144-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141844156","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-05-20DOI: 10.1016/j.serev.2024.100035
Yizhaq Minchuk
The transfer market for sports players is analyzed using a contest theory approach. A sports team exerts two types of effort in order to attract a player: productive effort, for which the team incurs a cost only if the player signs a contract with them; and persuading effort, for which the team incurs a cost regardless. The findings describe the conditions under which there will be no persuading effort, as well as the impact of persuading effort on productive effort and the contestant's utility.
{"title":"The transfer market for sports players - A contest theory approach","authors":"Yizhaq Minchuk","doi":"10.1016/j.serev.2024.100035","DOIUrl":"https://doi.org/10.1016/j.serev.2024.100035","url":null,"abstract":"<div><p>The transfer market for sports players is analyzed using a contest theory approach. A sports team exerts two types of effort in order to attract a player: productive effort, for which the team incurs a cost only if the player signs a contract with them; and persuading effort, for which the team incurs a cost regardless. The findings describe the conditions under which there will be no persuading effort, as well as the impact of persuading effort on productive effort and the contestant's utility.</p></div>","PeriodicalId":101182,"journal":{"name":"Sports Economics Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-05-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141091055","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-05-11DOI: 10.1016/j.serev.2024.100034
Levi Bognar , Scott A. Brave , R. Andrew Butters , Kevin A. Roberts
What constitutes competitive balance is a contentious issue in professional sports. We contribute to this debate with a simple framework encapsulating multiple viewpoints of competitive balance and highlight how this framework suggests that there could be an inherent tradeoff along two common dimensions. Using the framework as a lens for comparing North American professional sports leagues, we then demonstrate how important changes over time in the collective bargaining process have influenced the competitive balance of these leagues in different ways. Finally, we discuss and provide descriptive evidence for the influence of differences in non-gate revenue growth across leagues and how it might have affected their competitive balance in recent years. (JEL L83, D63, C23).
{"title":"Competitive balance in professional sports: A multi-dimensional perspective","authors":"Levi Bognar , Scott A. Brave , R. Andrew Butters , Kevin A. Roberts","doi":"10.1016/j.serev.2024.100034","DOIUrl":"10.1016/j.serev.2024.100034","url":null,"abstract":"<div><p>What constitutes competitive balance is a contentious issue in professional sports. We contribute to this debate with a simple framework encapsulating multiple viewpoints of competitive balance and highlight how this framework suggests that there could be an inherent tradeoff along two common dimensions. Using the framework as a lens for comparing North American professional sports leagues, we then demonstrate how important changes over time in the collective bargaining process have influenced the competitive balance of these leagues in different ways. Finally, we discuss and provide descriptive evidence for the influence of differences in non-gate revenue growth across leagues and how it might have affected their competitive balance in recent years. (JEL L83, D63, C23).</p></div>","PeriodicalId":101182,"journal":{"name":"Sports Economics Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-05-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141055317","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-04-07DOI: 10.1016/j.serev.2024.100033
Maryam Dilmaghani , Min Hu
Previous research shows that mood-altering events, such as sports results, elections outcomes and natural disasters, impact fertility, crime rate, and investor behaviour. In this paper, we use recent Canadian Birth Statistics and the National Hockey League (NHL) results to examine the link between sports events and short-term fertility spikes. In addition, using betting odds, we differentiate among unexpected wins, unexpected losses, and expected outcomes, as a test for the relevance of the Prospect Theory to this context. Our dataset is a daily panel, following all the seven Canadian Census Metropolitan Areas with a team in the NHL, from 2008 to 2019. In our panel fixed effects estimations, we account for the day of the week and all statutory federal and provincial holidays of Canada. In the estimations with raw NHL results, the coefficients of interest ultimately lose their statistical significance. In the specifications accounting for expectations, we find a statistically significant association with fertility for unexpected wins, and statistically insignificant coefficients for unexpected losses as well as expected NHL outcomes. In light of the results, we propose the greater likelihood of pre-game social gatherings on sports nights and celebratory sex after the euphoria of an unexpected win, as the possible channels of impact.
以往的研究表明,体育比赛结果、选举结果和自然灾害等改变情绪的事件会影响生育率、犯罪率和投资者行为。在本文中,我们利用最近的加拿大出生统计数据和全国冰球联赛(NHL)的结果来研究体育赛事与短期生育率飙升之间的联系。此外,我们还利用博彩赔率对意外获胜、意外失利和预期结果进行了区分,以此检验前景理论在此背景下的相关性。我们的数据集是一个日面板,跟踪 2008 年至 2019 年所有七个在加拿大人口普查中拥有 NHL 球队的大都市区。在面板固定效应估计中,我们考虑了星期几以及加拿大联邦和省的所有法定节假日。在对 NHL 原始结果的估计中,相关系数最终失去了统计意义。在考虑了预期的规格中,我们发现意外获胜与生育率的关系在统计上显著,而意外失利和预期 NHL 结果的系数在统计上不显著。鉴于上述结果,我们认为,在运动之夜进行赛前社交聚会的可能性更大,以及在意外获胜的兴奋之后进行庆祝性活动,可能是产生影响的渠道。
{"title":"Hockey babies: National Hockey League outcomes and short-term fertility spikes in Canada","authors":"Maryam Dilmaghani , Min Hu","doi":"10.1016/j.serev.2024.100033","DOIUrl":"https://doi.org/10.1016/j.serev.2024.100033","url":null,"abstract":"<div><p>Previous research shows that mood-altering events, such as sports results, elections outcomes and natural disasters, impact fertility, crime rate, and investor behaviour. In this paper, we use recent Canadian Birth Statistics and the National Hockey League (NHL) results to examine the link between sports events and short-term fertility spikes. In addition, using betting odds, we differentiate among unexpected wins, unexpected losses, and expected outcomes, as a test for the relevance of the Prospect Theory to this context. Our dataset is a daily panel, following all the seven Canadian Census Metropolitan Areas with a team in the NHL, from 2008 to 2019. In our panel fixed effects estimations, we account for the day of the week and all statutory federal and provincial holidays of Canada. In the estimations with raw NHL results, the coefficients of interest ultimately lose their statistical significance. In the specifications accounting for expectations, we find a statistically significant association with fertility for unexpected wins, and statistically insignificant coefficients for unexpected losses as well as expected NHL outcomes. In light of the results, we propose the greater likelihood of pre-game social gatherings on sports nights and celebratory sex after the euphoria of an unexpected win, as the possible channels of impact.</p></div>","PeriodicalId":101182,"journal":{"name":"Sports Economics Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-04-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140546283","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-03-01DOI: 10.1016/j.serev.2024.100025
Waldemar Stronka
We study the “groups of three” tournament format which was planned to be implemented in the 2026 FIFA World Cup. Finally, FIFA resigned from the format because its implementation is highly likely to lead to collusion (match-fixing). In our paper, we show that some modifications to this format may significantly reduce the risk of collusion. Such a reduction can be achieved by the following two innovative changes: random tie-breaking based on the goal-difference along with dynamic scheduling. Our Monte Carlo simulations show that the expected number of matches with high risk of collusion is reduced from 5.5 in the FIFA's initial proposal to 0.26 in our proposed design.
{"title":"Demonstration of the collusion risk mitigation effect of random tie-breaking and dynamic scheduling","authors":"Waldemar Stronka","doi":"10.1016/j.serev.2024.100025","DOIUrl":"10.1016/j.serev.2024.100025","url":null,"abstract":"<div><p>We study the “groups of three” tournament format which was planned to be implemented in the 2026 FIFA World Cup. Finally, FIFA resigned from the format because its implementation is highly likely to lead to collusion (match-fixing). In our paper, we show that some modifications to this format may significantly reduce the risk of collusion. Such a reduction can be achieved by the following two innovative changes: random tie-breaking based on the goal-difference along with dynamic scheduling. Our Monte Carlo simulations show that the expected number of matches with high risk of collusion is reduced from 5.5 in the FIFA's initial proposal to 0.26 in our proposed design.</p></div>","PeriodicalId":101182,"journal":{"name":"Sports Economics Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2773161824000016/pdfft?md5=9a4e3f260b7c82472dd4e5ae315e10f7&pid=1-s2.0-S2773161824000016-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139392258","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-03-01DOI: 10.1016/j.serev.2024.100030
{"title":"Announcement of the creation of The Simon Rottenberg Award","authors":"","doi":"10.1016/j.serev.2024.100030","DOIUrl":"https://doi.org/10.1016/j.serev.2024.100030","url":null,"abstract":"","PeriodicalId":101182,"journal":{"name":"Sports Economics Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2773161824000077/pdfft?md5=3a93a8f4b3e90ebbfd65c42da86dd661&pid=1-s2.0-S2773161824000077-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140191975","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}