Submitted manuscript, 513 KB, PDF document
Research output: Working paper
Research output: Working paper
}
TY - UNPB
T1 - Outcome uncertainty and the couch potato audience
AU - Buraimo, B
AU - Forrest, D
AU - Simmons, R
PY - 2004
Y1 - 2004
N2 - Previous studies of attendance demand for professional team sports have failed to yield clear- cut findings on the importance of outcome uncertainty to consumers. But potentially fewer problems should arise in examining the link between outcome uncertainty and demand in the television market for team sports, which in the case of English Premier League football is in fact a more important component in total club revenue. This study models both the choice of which games to show and the size of audience attracted by each game, exploiting data on audience sizes for games between 1993 and 2002. We propose a new measure of match outcome uncertainty and, from our results, both the broadcaster and the audience appear interested in competitive balance.
AB - Previous studies of attendance demand for professional team sports have failed to yield clear- cut findings on the importance of outcome uncertainty to consumers. But potentially fewer problems should arise in examining the link between outcome uncertainty and demand in the television market for team sports, which in the case of English Premier League football is in fact a more important component in total club revenue. This study models both the choice of which games to show and the size of audience attracted by each game, exploiting data on audience sizes for games between 1993 and 2002. We propose a new measure of match outcome uncertainty and, from our results, both the broadcaster and the audience appear interested in competitive balance.
KW - soccer
KW - television
KW - competitive balance
KW - outcome uncertainty
M3 - Working paper
T3 - Economics Working Paper Series
BT - Outcome uncertainty and the couch potato audience
PB - The Department of Economics
CY - Lancaster University
ER -