Open AccessPredicting The Outcome Of NASCAR Races: The Role Of Driver Experience
Author(s) -
Mary Allender
Publication year - 2011
Publication title -
journal of business and economics research
Language(s) - English
Resource type - Journals
eISSN - 2157-8893
pISSN - 1542-4448
DOI - 10.19030/jber.v6i3.2403
Subject(s) - contest , outcome (game theory) , psychology , set (abstract data type) , social psychology , advertising , political science , economics , business , law , computer science , microeconomics , programming language
As national interest in NASCAR grows, the field of sports economics is increasingly addressing various aspects of this sporting contest. The outcome of NASCAR races is of particular interest to fans and thus, models describing and predicting the outcome of NASCAR races are beginning to emerge. This paper builds a model predicting the outcome of NASCAR races using NASCAR data. The outcome is hypothesized to depend on a set of variables and looks in particular, at the importance of driver experience. The findings of this paper conclude that driver years of experience do in fact play a significant role in predicting the outcome of NASCAR races.