Do TV viewers value uncertainty of outcome? Evidence from the Australian Football League

Trung Minh Dang, David Ross Booth, Robert Darren Brooks, Adi Schnytzer

Research output: Contribution to journalArticleResearchpeer-review

Abstract

Despite many studies investigating the relationship between match uncertainty and the demand for sport (in particular, attendance), the evidence is mixed. Even fewer studies have focused on TV audiences as an important segment of the consumer market. This paper bridges this gap by testing the uncertainty-of-outcome hypothesis on television viewing of Australian Football League games. After controlling for plausible influences on TV ratings of match broadcasts, it is shown that greater television audience demand is strongly associated with higher match uncertainty at all conventional levels of statistical significance.
Original languageEnglish
Pages (from-to)523 - 535
Number of pages13
JournalEconomic Record
Volume91
Issue number295
DOIs
Publication statusPublished - 2015

Cite this

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title = "Do TV viewers value uncertainty of outcome? Evidence from the Australian Football League",
abstract = "Despite many studies investigating the relationship between match uncertainty and the demand for sport (in particular, attendance), the evidence is mixed. Even fewer studies have focused on TV audiences as an important segment of the consumer market. This paper bridges this gap by testing the uncertainty-of-outcome hypothesis on television viewing of Australian Football League games. After controlling for plausible influences on TV ratings of match broadcasts, it is shown that greater television audience demand is strongly associated with higher match uncertainty at all conventional levels of statistical significance.",
author = "Dang, {Trung Minh} and Booth, {David Ross} and Brooks, {Robert Darren} and Adi Schnytzer",
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Do TV viewers value uncertainty of outcome? Evidence from the Australian Football League. / Dang, Trung Minh; Booth, David Ross; Brooks, Robert Darren; Schnytzer, Adi.

In: Economic Record, Vol. 91, No. 295, 2015, p. 523 - 535.

Research output: Contribution to journalArticleResearchpeer-review

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AB - Despite many studies investigating the relationship between match uncertainty and the demand for sport (in particular, attendance), the evidence is mixed. Even fewer studies have focused on TV audiences as an important segment of the consumer market. This paper bridges this gap by testing the uncertainty-of-outcome hypothesis on television viewing of Australian Football League games. After controlling for plausible influences on TV ratings of match broadcasts, it is shown that greater television audience demand is strongly associated with higher match uncertainty at all conventional levels of statistical significance.

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