A bias-corrected estimator of competitive balance in sports leagues
The ratio of the actual standard deviation (ASD) to the idealized standard deviation of win
percentages (RSD) is the conventional measure of competitive balance (CB). RSD is …
percentages (RSD) is the conventional measure of competitive balance (CB). RSD is …
Winning in professional team sports: Historical moments
Our aims in this paper are to (1) examine the higher moments of the distribution of winning
percentages and (2) discover economic implications of such an examination. The results …
percentages and (2) discover economic implications of such an examination. The results …