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Competitive Balance II
Manage episode 310362219 series 3053306
Konten disediakan oleh La Trobe University and Dr Liam Lenten. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh La Trobe University and Dr Liam Lenten atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.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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