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.
Review of Industrial Organization – Springer Journals
Published: May 18, 2016
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