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WINNING IN PROFESSIONAL TEAM SPORTS: HISTORICAL MOMENTS
Author(s) -
Jang Hayley,
Lee Young Hoon,
Fort Rodney
Publication year - 2019
Publication title -
economic inquiry
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.823
H-Index - 72
eISSN - 1465-7295
pISSN - 0095-2583
DOI - 10.1111/ecin.12702
Subject(s) - league , sports economics , balance (ability) , distribution (mathematics) , economics , political science , marketing , business , psychology , physics , astronomy , mathematical analysis , mathematics , neuroscience
Our aims in this paper are to (1) examine the higher moments of the distribution of winning percentages and (2) discover economic implications of such an examination. The results prove useful to both current sports league policy questions and future research. We speculate that the institutional differences between North American pro leagues and European soccer leagues will prove fruitful areas for future research on the determination of competitive balance. ( JEL C1, L83, Z20)