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A stochastic-demographic model to explain success and dominance in international sports

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  • Klöcker, Julian Alexander
  • Daumann, Frank

Abstract

We model a stochastic, demographic-based framework to examine how an empirically proven, so-called first mover advantage affects the long-term sporting success of states by considering, among other things, demographic developments and the accumulation of sport-related human capital. In order to clarify and formalize this advantage in a sports economics framework, we draw on the concept of the stochastic dominance. Since our model is dynamic, it allows us to show how the probability of success of a nation evolves and under which conditions the stochastic dominance reduces.

Suggested Citation

  • Klöcker, Julian Alexander & Daumann, Frank, 2024. "A stochastic-demographic model to explain success and dominance in international sports," Research in Economics, Elsevier, vol. 78(4).
    • Handle: RePEc:eee:reecon:v:78:y:2024:i:4:s1090944324000541
    DOI: 10.1016/j.rie.2024.100990
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