In Major League Baseball’s first half-century, game attendance was entirely determined by teams’ winning percentages, but in recent decades fans have been increasingly attracted by stadium quality, batting performance and outcome uncertainty, raising the importance of competition-enhancing policies such as player free agency, say Seung C.

Ahn of Arizona State University and Young H. Lee of Sogang University in South Korea. When a league policy enhances competitive balance enough to increase doubt about game outcomes and about consecutive-season dominance by 1 standard deviation, attendance increases by 4pc in the American League and 7pc in the National League.

(Source: Journal of Sports Economics)

Opinion

Budgeting without people

Budgeting without people

Even though the economy is a critical issue, discussions about it involve a select few who are not really interested in communicating with the people.

Editorial

Iranian tragedy
Updated 21 May, 2024

Iranian tragedy

Due to Iran’s regional and geopolitical influence, the world will be watching the power transition carefully.
Circular debt woes
21 May, 2024

Circular debt woes

THE alleged corruption and ineptitude of the country’s power bureaucracy is proving very costly. New official data...
Reproductive health
21 May, 2024

Reproductive health

IT is naïve to imagine that reproductive healthcare counts in Pakistan, where women from low-income groups and ...
Wheat price crash
Updated 20 May, 2024

Wheat price crash

What the government has done to Punjab’s smallholder wheat growers by staying out of the market amid crashing prices is deplorable.
Afghan corruption
20 May, 2024

Afghan corruption

AMONGST the reasons that the Afghan Taliban marched into Kabul in August 2021 without any resistance to speak of ...
Volleyball triumph
20 May, 2024

Volleyball triumph

IN the last week, while Pakistan’s cricket team savoured a come-from-behind T20 series victory against Ireland,...