Altitude as handicap in rank-order football tournaments

Agustin Casas, Yarine Fawaz

    Research output: Contribution to journalArticleResearchpeer-review

    Abstract

    © 2015 Taylor & Francis. The structure of professional sports allows us to document predictions from the theory of rank-order tournaments (Lazear and Rosen 1981). In the context of South American FIFA World Cup Qualifiers, under the presence of heterogeneous agents, handicapping the best quality players may increase the tournaments’ efficiency by making the contest more competitive. In particular, we show that playing in high-altitude stadiums (above 2500 m) constitutes a handicap as the otherwise least competitive teams benefit from the existence of an altitude advantage.
    Original languageEnglish
    Pages (from-to)180-183
    JournalApplied Economics Letters
    Volume23
    Issue number3
    DOIs
    Publication statusPublished - 1 Jan 2016

    Keywords

    • Contest theory
    • football
    • optimal handicap

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