Final published version
Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Uncertainty of outcome or star quality?
T2 - television audience demand for English Premier League football
AU - Buraimo, Babatunde
AU - Simmons, Robert
N1 - Pre 1 April 2016 publication. Only non-compliant for Lancaster's OA Policy (from 1 May 2015)
PY - 2015
Y1 - 2015
N2 - This paper presents new evidence on the relevance of uncertainty of outcome for demand for sports viewing. Using television viewing figures for eight seasons from the English Premier League, we show that uncertainty of outcome does not have the hypothesised effect on television audience demand. Separating uncertainty of outcome effects by season, the results show that, at best, uncertainty of outcome had imprecise effects on audiences in earlier seasons, but zero effects in later seasons. Television audiences have evolved to exhibit preferences for talent. We suggest that the notion of a pure sporting contest in which uncertainty of outcome matters is no longer relevant and more important is the extent to which sports teams and leagues can increase the quality of the talent on show.
AB - This paper presents new evidence on the relevance of uncertainty of outcome for demand for sports viewing. Using television viewing figures for eight seasons from the English Premier League, we show that uncertainty of outcome does not have the hypothesised effect on television audience demand. Separating uncertainty of outcome effects by season, the results show that, at best, uncertainty of outcome had imprecise effects on audiences in earlier seasons, but zero effects in later seasons. Television audiences have evolved to exhibit preferences for talent. We suggest that the notion of a pure sporting contest in which uncertainty of outcome matters is no longer relevant and more important is the extent to which sports teams and leagues can increase the quality of the talent on show.
KW - Broadcasting
KW - Demand
KW - Uncertainty of Outcome
KW - Soccer
KW - Football
KW - Superstars
U2 - 10.1080/13571516.2015.1010282
DO - 10.1080/13571516.2015.1010282
M3 - Journal article
VL - 22
SP - 449
EP - 469
JO - International Journal of the Economics of Business
JF - International Journal of the Economics of Business
SN - 1357-1516
IS - 3
ER -