In this paper an analysis of the determinants of attractiveness of the Formula One is attempted. Therefore the concept of competitive balance will be explained and applied. The principal item of this analysis will be the result that there is an optimal level of competitive balance which...

A well-known finding in of sport economics is that differences in the winning probabilities of sport teams are determined largely by unequal market sizes and, therefore, revenue potential. Larger markets yield higher marginal revenue and thus, more units of talent being employed by the...

A new measure of competitive balance in sport leagues is proposed, based on a vector approach to measuring similarity. The standard measures, such as, the win percentage standard deviation ratio, consider the inequality per season only. Analyzing the inequality of a competition over time...