Uncertainty of outcome hypothesis in sports

dc.contributor.advisorStadtmann, Georg
dc.contributor.advisorRodriguez Romero, Carlos Alberto
dc.contributor.authorMolano Ramirez, Jose Reynaldo
dc.date.accessioned2023-01-16T14:36:14Z
dc.date.available2023-01-16T14:36:14Z
dc.date.issued2021-12-23
dc.description.abstractEste trabajo presenta la revisión de estudios empíricos, que pusieron a prueba la Hipótesis de la Incertidumbre del Resultado propuesta por Rottenberg (1956), en diferentes deportes y con grupos particulares de espectadores. En primer lugar, se revisan los aspectos teóricos relativos a la Hipótesis de la Incertidumbre del Resultado, el equilibrio competitivo, la incertidumbre del resultado del juego, los determinantes de la asistencia a los deportes, entre otros. Además, considera siete artículos empíricos seleccionados críticamente y los compara en función de variables y resultados compartidos. Este trabajo explora investigaciones realizadas en la Liga Nacional de Hockey, el fútbol alemán, el béisbol coreano, la Major League Soccer, el fútbol holandés y el críquet. El análisis de esta selección concluye con que la mayoría de los estudios rechazan la Hipótesis de la Incertidumbre del Resultado, aunque no represente una conclusión sólida debido a la diversidad de deportes y grupos analizados (Texto tomado de la fuente).spa
dc.description.abstractThis work presents the revision of empirical studies, which tested the Uncertainty of Outcome Hypothesis proposed by Rottenberg (1956), in different sports and with particular groups of spectators. First, it reviews the theoretical aspects concerning the Uncertainty of Outcome Hypothesis, competitive balance, game outcome uncertainty, determinants of sports attendance, among others. Furthermore, it considers seven critically selected empirical articles and compares them based on shared variables and results. This work explores research done in the National Hockey League, German soccer, Korean baseball, Major League Soccer, Dutch soccer, and cricket. The analysis of this selection concluded with most of the studies rejecting the Uncertainty of Outcome Hypothesis, even though it does not represent a solid conclusion due to the diversity of sports and groups analyzed.eng
dc.description.degreelevelMaestríaspa
dc.description.degreenameMagíster en Administraciónspa
dc.format.extentiv, 32 páginasspa
dc.format.mimetypeapplication/pdfspa
dc.identifier.instnameUniversidad Nacional de Colombiaspa
dc.identifier.reponameRepositorio Institucional Universidad Nacional de Colombiaspa
dc.identifier.repourlhttps://repositorio.unal.edu.co/spa
dc.identifier.urihttps://repositorio.unal.edu.co/handle/unal/82935
dc.language.isoengspa
dc.publisherUniversidad Nacional de Colombiaspa
dc.publisher.branchUniversidad Nacional de Colombia - Sede Bogotáspa
dc.publisher.facultyFacultad de Ciencias Económicasspa
dc.publisher.placeBogotá, Colombiaspa
dc.publisher.programBogotá - Ciencias Económicas - Maestría en Administraciónspa
dc.relation.referencesBenz, M.-A., Brandes, L., & Franck, E. (2009). Do soccer associations really spend on a good thing? Empirical evidence on heterogeneity in the consumer response to match uncertainty of outcome. Contemporary Economic Policy, 27(2), 216-235.spa
dc.relation.referencesBesters, L. M., van Ours, J. C., & van Tuijl, M. A. (2019). How outcome uncertainty, loss aversion and team quality affect stadium attendance in Dutch professional football. Journal of Economic Psychology, 72, 117-127. https://doi.org/10.1016/j.joep.2019.03.002spa
dc.relation.referencesCairns, J., Jennet, N., Sloane, P.J. (1986). The economics of professional team sports: A survey of theory and evidence. Journal of Economic Studies, 13, 3-80.spa
dc.relation.referencesCoates, D., & Humphreys, B. R. (2012). Game Attendance and Outcome Uncertainty in the National Hockey League. In Journal of Sports Economics (Vol. 13, Issue 4, pp. 364-377). https://doi.org/10.1177/1527002512450260spa
dc.relation.referencesCoates, D., Humphreys, B. R., & Zhou, L. (2014). Reference-dependent preferences, loss aversion, and live game attendance. Economic Inquiry, 52(3), 959-973.spa
dc.relation.referencesCzarnitzki, D., & Stadtmann, G. (2002). Uncertainty of outcome versus reputation: Empirical evidence for the First German Football Division. In Empirical Economics (Vol. 27).spa
dc.relation.referencesGroot, L.F.M. (2008). Economics, Uncertainty and European Football: Trends in Competitive Balance. Edward Elgar, Cheltenham.spa
dc.relation.referencesHavard, C. T., Gray, D. P., Gould, J., Sharp, L. A., & Schaffer, J. J. (2013). Development and validation of the sport rivalry fan perception scale (SRFPS). Journal of Sport Behavior, 36(1), 45-65.spa
dc.relation.referencesJane, W. J. (2014). The Relationship Between Outcome Uncertainties and Match Attendance: New Evidence in the National Basketball Association. Review of Industrial Organization, 45(2), 177-200. https://doi.org/10.1007/s11151-014-9436-xspa
dc.relation.referencesJewell, R. T., & Molina, D. J. (2005). An evaluation of the relationship between Hispanics and Major League Soccer. Journal of Sports Economics, 6(2), 160-177.spa
dc.relation.referencesKahnemann, D., & Tversky, A. (1979). Prospect theory: An analysis of decision under risk. Econometrica, 47(2), 263-291.spa
dc.relation.referencesLahvicka, J. (2013). Does match uncertainty increase attendance? A non-regression approach. MPRA Paper No. 48571. Munich: Munich Personal RePEc Archive, University of Munich.spa
dc.relation.referencesLawson, R. A., Sheehan, K., & Stephenson, E. F. (2008). Vend it like Beckham: David Beckham's effect on MLS ticket sales. International Journal of Sport Finance, 3(4), 189-195.spa
dc.relation.referencesLee, Y. H., Jang, H., & Fort, R. (2016). Just looking for a good game: competitive balance in the Korean Professional Baseball League. Applied Economics, 48(33), 3104-3115. https://doi.org/10.1080/00036846.2015.1136393spa
dc.relation.referencesMills, B. M., Tainsky, S., Green, B. C., & Leopkey, C. (2017). The ultimatum game in the college football rivalry context. Journal of Sport Management, 32(1), 11-23. http://dx.doi.org10.1123/jsm.2017-0094.spa
dc.relation.referencesNeale, W.C. (1964). The peculiar economics of professional team sports. The Quarterly Journal of Economics, 78(1),1-14.spa
dc.relation.referencesPlumley, D., Ramchandani, G., & Wilson, R. (2018). Mind the gap: an analysis of competitive balance in the English Football League system. In Int. J. Sport Management and Marketing (Vol. 18, Issue 5).spa
dc.relation.referencesRottenberg, S. (1956). The Baseball Players' Labor Market. Journal of Political Economy, 64(3), 242-258spa
dc.relation.referencesSacheti, A., Gregory-Smith, I., & Paton, D. (2014). Uncertainty of outcome or strengths of teams: an economic analysis of attendance demand for international cricket. Applied Economics, 46(17), 2034-2046. https://doi.org/10.1080/00036846.2014.892203spa
dc.relation.referencesSauer, R. D. (1998). The Economics of Wagering Markets. Journal of Economic Literature, 36(4), 2012-2064.spa
dc.relation.referencesSchreyer, D., & Ansari, P. (2021). Stadium Attendance Demand Research: A Scoping Review. Journal of Sports Economics. https://doi.org/10.1177/15270025211000404spa
dc.relation.referencesSchreyer, D., Schmidt, S. L., & Torgler, B. (2016). Against all odds? Exploring the role of game outcome uncertainty in season ticket holders' stadium attendance demand. Journal of Economic Psychology, 56, 192-217. https://doi.org/10.1016/j.joep.2016.07.006spa
dc.relation.referencesSloan, L. R. (1979). The function and impact of sports for fans: A review of theory and contemporary research. Sports, games, and play: Social and psychological viewpoints, 1, 219-262.spa
dc.relation.referencesSzymanski, S., & Winfree, J. (2018). On the optimal realignment of a contest: The case of college football. Economic Inquiry, 56(1), 483–496.spa
dc.relation.referencesSung, H., & Mills, B. M. (2018). Estimation of game-level attendance in major league soccer: Outcome uncertainty and absolute quality considerations. Sport Management Review, 21(5), 519-532. https://doi.org/10.1016/j.smr.2017.12.002spa
dc.relation.referencesSung, S. H., Hong, D. S., & Sul, S. Y. (2020). How we can enhance spectator attendance for the sustainable development of sport in the era of uncertainty: A re-examination of competitive balance. Sustainability (Switzerland), 12(17).spa
dc.rights.accessrightsinfo:eu-repo/semantics/openAccessspa
dc.rights.licenseReconocimiento 4.0 Internacionalspa
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/spa
dc.subject.lembINCERTIDUMBRE (ECONOMIA)spa
dc.subject.lembUncertaintyeng
dc.subject.proposalUncertainty of outcome hypothesiseng
dc.subject.proposalSports attendanceeng
dc.subject.proposalOutcome uncertaintyeng
dc.subject.proposalHipótesis de incertidumbre de resultadospa
dc.subject.proposalIncertidumbre de resultadospa
dc.subject.proposalAsistencia a deportesspa
dc.titleUncertainty of outcome hypothesis in sportseng
dc.title.translatedHipótesis de la incertidumbre de resultado en deportesspa
dc.typeTrabajo de grado - Maestríaspa
dc.type.coarhttp://purl.org/coar/resource_type/c_bdccspa
dc.type.coarversionhttp://purl.org/coar/version/c_ab4af688f83e57aaspa
dc.type.contentTextspa
dc.type.driverinfo:eu-repo/semantics/masterThesisspa
dc.type.redcolhttp://purl.org/redcol/resource_type/TMspa
dc.type.versioninfo:eu-repo/semantics/acceptedVersionspa
dcterms.audience.professionaldevelopmentEstudiantesspa
dcterms.audience.professionaldevelopmentPúblico generalspa
oaire.accessrightshttp://purl.org/coar/access_right/c_abf2spa

Archivos

Bloque original

Mostrando 1 - 1 de 1
Cargando...
Miniatura
Nombre:
1014242624.2021.pdf
Tamaño:
1.28 MB
Formato:
Adobe Portable Document Format
Descripción:
Tesis de Maestría en Administración

Bloque de licencias

Mostrando 1 - 1 de 1
No hay miniatura disponible
Nombre:
license.txt
Tamaño:
5.74 KB
Formato:
Item-specific license agreed upon to submission
Descripción: