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Competitive Balance II
Manage episode 310362219 series 3053306
Innehåll tillhandahållet av La Trobe University and Dr Liam Lenten. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av La Trobe University and Dr Liam Lenten eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
Have you ever wondered why in some sports leagues, some teams appear destined never to win the title, yet other teams appear destined to win it quite frequently? This lecture outlines 'competitive balance' (CB) as being an unusual economic phenomenon specific to the sports industry - that we, as consumers of sport, actually like uncertainty! We define ways of measuring CB, as well as summarising certain policies that can influence the level of CB, while noting some of the possible distortive effects of such policy on the behaviour of certain teams and/or individuals.
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