Structural Change in Competitive Balance in Big-Time College Football

Structural Change in Competitive Balance in Big-Time College Football Competitive balance is an important element of fan preferences in sports industries. We analyze the time series behavior of competitive balance measures over the entire histories of each of the current US. “Power 5” football conferences. Competitive balance has been remarkably stable. All series are stationary by unit root tests. None of the very few structural break points that we do find coincide with economy-wide shocks (wars and the Great Depression) or with any particular college-football-wide policy alteration. This has important implications for sports researchers and for policy in the “big-time” college football industry. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Review of Industrial Organization Springer Journals

Structural Change in Competitive Balance in Big-Time College Football

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Publisher
Springer Journals
Copyright
Copyright © 2016 by Springer Science+Business Media New York
Subject
Economics; Industrial Organization; Microeconomics
ISSN
0889-938X
eISSN
1573-7160
D.O.I.
10.1007/s11151-016-9526-z
Publisher site
See Article on Publisher Site

Abstract

Competitive balance is an important element of fan preferences in sports industries. We analyze the time series behavior of competitive balance measures over the entire histories of each of the current US. “Power 5” football conferences. Competitive balance has been remarkably stable. All series are stationary by unit root tests. None of the very few structural break points that we do find coincide with economy-wide shocks (wars and the Great Depression) or with any particular college-football-wide policy alteration. This has important implications for sports researchers and for policy in the “big-time” college football industry.

Journal

Review of Industrial OrganizationSpringer Journals

Published: May 18, 2016

References

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