Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/185601
Authors: 
Besters, Lucas
van Ours, Jan C.
van Tuijl, Martin A.
Year of Publication: 
2018
Series/Report no.: 
Tinbergen Institute Discussion Paper TI 2018-082/V
Abstract: 
We investigate stadium attendance in the highest level of Dutch professional football for the seasons 2000/01 – 2015/16 focusing on outcome uncertainty, loss aversion and team quality. We find that for individual football matches, attendance is related to reference-dependent preferences with loss aversion dominating the preference for uncertain outcomes. Furthermore, team quality is an important determinant of stadium attendance. Towards the end of the season, outcome uncertainty regarding the final ranking becomes important. For this seasonal uncertainty, we find a positive and stable, but rather small impact of the introduction of a unique and large end-of-season play-off scheme for the qualification for European football.
Subjects: 
Stadium attendance
Professional football
Outcome uncertainty
Loss aversion
Play-offs
JEL: 
Z20
L83
D12
Document Type: 
Working Paper

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