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Do We Need a New Point System in Professional Football Leagues?

Author

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  • Ferda Halicioglu

    (The University of Greenwich, London)

Abstract

This paper analyses the impact of point systems on the degree of competition in professional football leagues via the annual coefficient of variation (CV) of end-of-season points. The past, existing and some alternative point systems were applied to a hypothetical football league consisting of eighteen teams to find out changes in the CV value, which is assumed to measure the degree of football competition statistically. On the basis of the computed CV values, it appears that the most competitive football league takes place statistically in which winner gets three, loser one and draws two points.

Suggested Citation

  • Ferda Halicioglu, 2005. "Do We Need a New Point System in Professional Football Leagues?," Others 0503004, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpot:0503004
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/othr/papers/0503/0503004.pdf
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    References listed on IDEAS

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    1. Walter C. Neale, 1964. "The Peculiar Economics of Professional Sports," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 78(1), pages 1-14.
    2. Ferda HALICIOGLU, 2005. "The Degree Of Competition In The European Football Leagues: A Statistical Approach," Others 0508001, University Library of Munich, Germany.
    3. J. C. H. Jones, 1969. "The Economics of the National Hockey League," Canadian Journal of Economics, Canadian Economics Association, vol. 2(1), pages 1-20, February.
    4. Baimbridge, Mark & Cameron, Samuel & Dawson, Peter, 1996. "Satellite Television and the Demand for Football: A Whole New Ball Game?," Scottish Journal of Political Economy, Scottish Economic Society, vol. 43(3), pages 317-333, August.
    5. El-Hodiri, Mohamed & Quirk, James, 1971. "An Economic Model of a Professional Sports League," Journal of Political Economy, University of Chicago Press, vol. 79(6), pages 1302-1319, Nov.-Dec..
    6. Peel, David A & Thomas, Dennis A, 1988. "Outcome Uncertainty and the Demand for Football: An Analysis of Match Attendances in the English Football League," Scottish Journal of Political Economy, Scottish Economic Society, vol. 35(3), pages 242-249, August.
    7. Peter J. Sloane, 2000. "The Regulation of Professional Team Sports," IASE Conference Papers 0003, International Association of Sports Economists.
    8. Sloane, Peter J, 1971. "The Economics of Professional Football: The Football Club as a Utility Maximiser," Scottish Journal of Political Economy, Scottish Economic Society, vol. 18(2), pages 121-146, June.
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    Cited by:

    1. Ferda Halicioglu, 2006. "The impact of football point systems on the competitive balance: evidence from some european football leagues," Rivista di Diritto ed Economia dello Sport, Centro di diritto e business dello Sport, vol. 2(2), pages 67-76, Dicembre.

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    More about this item

    Keywords

    economics of professional team sports; outcome of uncertainty; professional football leagues; degree of competition; coefficient of variation;
    All these keywords.

    JEL classification:

    • C40 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - General
    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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