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

The relative standard deviation of win percentages, the most widely used measure of within-season competitive balance, has an upper bound which is very sensitive to variation in the numbers of teams and games played. Taking into account this upper bound provides additional insight into comparisons of competitive balance across leagues or over time.

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Year of publication:	2009-07
Authors:	Owen, P. Dorian
Institutions:	Department of Economics, School of Business
Subject:	Competitive balance \| Relative standard deviation \| Idealized standard deviation

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 0908 13 pages
Classification:	D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; L83 - Sports; Gambling; Recreation; Tourism
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010611215