nep-spo New Economics Papers
on Sports and Economics
Issue of 2009‒01‒10
two papers chosen by
Joao Carlos Correia Leitao
Technical University of Lisbon

  1. Can we be satisfied with our football team? Evidence from spanish professional football. By Francisco González Gómez; Andrés J. Picazo Tadeo
  2. Explaining Focal Points: Cognitive Hierarchy Theory versus Team Reasoning By Nicholas Bardsley; Judith Mehta; Chris Starmer; Robert Sugden

  1. By: Francisco González Gómez (Departmento de Economía Aplicada, Universidad de Granada.); Andrés J. Picazo Tadeo (Departmento de Economía Aplicada II, Universidad de Valencia.)
    Abstract: This paper assesses the sporting performance of Spanish professional football teams at competition level, namely, League, King’s Cup and European competitions (Champions League and UEFA Cup). Then, the gap between the result obtained by a team in a given competition and that expected according to its potential is used as a proxy of the degree of satisfaction that fans should feel: the narrower the gap the greater the level of satisfaction. Regarding methodology, Data Envelopment Analysis techniques and directional distance functions are used. Results reveal that most teams perform rather differently across competitions, the lower average performance corresponding to the King’s Cup
    Keywords: Spanish football League; specific-competition performance; Data Envelopment Analysis.
    JEL: L83 C61
    Date: 2008–12–20
  2. By: Nicholas Bardsley (National Centre for Research Methods, University of Southampton); Judith Mehta (School of Economics, University of East Anglia); Chris Starmer (CeDEx, University of Nottingham); Robert Sugden (School of Economics, University of East Anglia)
    Abstract: This paper reports experimental tests of two alternative explanations of how players use focal points to select equilibria in one-shot coordination games. Cognitive hierarchy theory explains coordination as the result of common beliefs about players’ pre-reflective inclinations towards the relevant strategies; the theory of team reasoning explains it as the result of the players’ using a non-standard form of reasoning. We report two experiments. One finds strong support for team reasoning; the other supports cognitive hierarchy theory. In the light of additional questionnaire evidence, we conclude that players’ reasoning is sensitive to the decision context.
    Keywords: salience, focal point, cognitive hierarchy, team reasoning
    JEL: C72 C92
    Date: 2008–12

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