Competitive balance in the UEFA Champions League group stage: Novel measures show no evidence of decline

Fuente: arXiv
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Autores principales: Csató, László, Petróczy, Dóra Gréta
Formato: Preprint
Publicado: 2024
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author Csató, László
Petróczy, Dóra Gréta
author_facet Csató, László
Petróczy, Dóra Gréta
contents Competitive balance, which refers to the level of control teams have over a sports competition, is a crucial indicator for tournament organisers. According to previous studies, competitive balance has significantly declined in the UEFA Champions League group stage over the recent decades. Our paper introduces alternative indices to investigate this issue. Two ex ante measures are based on Elo ratings, and four dynamic concentration indicators compare the final group ranking to reasonable benchmarks. Using these indices, we find no evidence of any long-run trend in the competitive balance of the UEFA Champions League group stage between the 2003/04 and 2023/24 seasons.
format Preprint
id arxiv_https___arxiv_org_abs_2406_19222
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Competitive balance in the UEFA Champions League group stage: Novel measures show no evidence of decline
Csató, László
Petróczy, Dóra Gréta
General Economics
Economics
Physics and Society
Applications
62P20, 91B82
Competitive balance, which refers to the level of control teams have over a sports competition, is a crucial indicator for tournament organisers. According to previous studies, competitive balance has significantly declined in the UEFA Champions League group stage over the recent decades. Our paper introduces alternative indices to investigate this issue. Two ex ante measures are based on Elo ratings, and four dynamic concentration indicators compare the final group ranking to reasonable benchmarks. Using these indices, we find no evidence of any long-run trend in the competitive balance of the UEFA Champions League group stage between the 2003/04 and 2023/24 seasons.
title Competitive balance in the UEFA Champions League group stage: Novel measures show no evidence of decline
topic General Economics
Economics
Physics and Society
Applications
62P20, 91B82
url https://arxiv.org/abs/2406.19222