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Playing Like the Home Team: An Economic Investigation into Home Advantage in Football

Author

Listed:
  • Mark Koyama

    (University of Oxford)

  • J. James Reade

    (University of Oxford)

Abstract

Home advantage in football varies over time. Existing theories of home advantage struggle to explain this time-series variation. We argue that the decline in home advantage in English football since the mid-1980s was partly caused by the advent of televised football. We argue that the increase in live television coverage of football matches has worked to incentivize players to not to shirk when playing in away games, as supporters can now more effectively monitor their efforts. We test this hypothesis using both time-series and panel-data econometrics.

Suggested Citation

  • Mark Koyama & J. James Reade, 2009. "Playing Like the Home Team: An Economic Investigation into Home Advantage in Football," International Journal of Sport Finance, Fitness Information Technology, vol. 4(1), pages 16-41, February.
    • Handle: RePEc:jsf:intjsf:v:4:y:2009:i:1:p:16-41
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    Citations

    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. The Role of Supporters
      by jamesreade in International Journal of Sport Finance Blog on 2011-12-23 08:50:53

    More about this item

    Keywords

    home advantage; shirking; moral hazard;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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