Academic Journal
Consuming Contests: The Effect of Outcome Uncertainty on Spectator Attendance in the Australian Football League*
| العنوان: | Consuming Contests: The Effect of Outcome Uncertainty on Spectator Attendance in the Australian Football League* |
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| المؤلفون: | Ferguson, Patrick J., Lakhani, Karim R. |
| المصدر: | Economic Record ; volume 99, issue 326, page 410-435 ; ISSN 0013-0249 1475-4932 |
| بيانات النشر: | Wiley |
| سنة النشر: | 2023 |
| المجموعة: | Wiley Online Library (Open Access Articles via Crossref) |
| الوصف: | Contests that non‐contestants consume for entertainment are a fixture of economic, cultural and political life. We exploit injury‐induced changes to teams' line‐ups in a professional sports setting to examine whether individuals prefer to consume contests that have more uncertain outcomes. Studying data from the Australian Football League, we use an instrumental variables design to show that a one standard deviation increase in game outcome uncertainty causes, on average, an 11.2 per cent increase in attendance. When presented alongside ordinary least square's estimates, our results suggest that previous studies may heavily underestimate spectators' preferences for evenly balanced contests. |
| نوع الوثيقة: | article in journal/newspaper |
| اللغة: | English |
| DOI: | 10.1111/1475-4932.12735 |
| الاتاحة: | http://dx.doi.org/10.1111/1475-4932.12735 https://onlinelibrary.wiley.com/doi/pdf/10.1111/1475-4932.12735 |
| Rights: | http://creativecommons.org/licenses/by/4.0/ |
| رقم الانضمام: | edsbas.83D3FD78 |
| قاعدة البيانات: | BASE |
| DOI: | 10.1111/1475-4932.12735 |
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