We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
PERCEIVED GAME UNCERTAINTY, SUSPENSE AND THE DEMAND FOR SPORT.
- Authors
Pawlowski, Tim; Nalbantis, Georgios; Coates, Dennis
- Abstract
This study tries bridging between different behavioral economic explanations for the lack of support of the uncertainty of outcome hypothesis in spectator sports. We test a measure of perceived game uncertainty that is comparable to objective measures frequently tested in the literature. Econometric results suggest that fans do not perceive closeness of a game differently than how economists have tended to measure it. However, fans' perceptions of suspensefulness are distinct from their perceptions of game uncertainty. Moreover, the finding that fans' preferences for game uncertainty are dominated by loss aversion also emerges-independently of fanship status-in our stated-preference setting. ( JEL L83, D12, Z2)
- Subjects
SPORTS spectators; BEHAVIORAL economics; SPECTATOR sports; ECONOMETRICS; ECONOMISTS
- Publication
Economic Inquiry, 2018, Vol 56, Issue 1, p173
- ISSN
0095-2583
- Publication type
Article
- DOI
10.1111/ecin.12462