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Do TV Viewers Value Uncertainty of Outcome? Evidence from the Australian Football League

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  • Trung Minh Dang
  • Ross Booth
  • Robert Brooks
  • Adi Schnytzer

Abstract

type="main" xml:id="ecor12206-abs-0001"> Despite many studies investigating the relationship between match uncertainty and the demand for sport (in particular, attendance), the evidence is mixed. Even fewer studies have focused on TV audiences as an important segment of the consumer market. This paper bridges this gap by testing the uncertainty-of-outcome hypothesis on television viewing of Australian Football League games. After controlling for plausible influences on TV ratings of match broadcasts, it is shown that greater television audience demand is strongly associated with higher match uncertainty at all conventional levels of statistical significance.

Suggested Citation

  • Trung Minh Dang & Ross Booth & Robert Brooks & Adi Schnytzer, 2015. "Do TV Viewers Value Uncertainty of Outcome? Evidence from the Australian Football League," The Economic Record, The Economic Society of Australia, vol. 91(295), pages 523-535, December.
    • Handle: RePEc:bla:ecorec:v:91:y:2015:i:295:p:523-535
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