Limitations of the relative standard deviation of win percentages for measuring competitive balance in sports leagues

The relative standard deviation of win percentages, widely used to measure competitive balance, has an upper bound which varies with the numbers of teams and games played. Accounting for this upper bound provides additional insights into competitive balance comparisons.

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Year of publication:	2010
Authors:	Owen, P. Dorian
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 109.2010, 1, p. 38-41
Publisher:	Elsevier
Keywords:	Competitive balance Relative standard deviation Idealized standard deviation Sports economics

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008866845