2021
DOI: 10.1556/032.2021.00018
|View full text |Cite
|
Sign up to set email alerts
|

Where is victory most certain? The level of luck-based noise factor in Summer Olympic Games

Abstract: We describe a statistical approach for the measurement of the newly defined luck-based noise factor in sports. It is defined as the difference between the actual outcome and the expected outcome based on the model predictions. We raise the question whether some sports exhibit a higher level of noise-factor than others, making investments in that sport riskier. Data from 14 individual sports in six Summer Olympic Games between 1996 and 2016 were included in the analysis. Market shares are predicted by the autor… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
1
1

Citation Types

0
4
0

Year Published

2022
2022
2024
2024

Publication Types

Select...
6

Relationship

2
4

Authors

Journals

citations
Cited by 7 publications
(9 citation statements)
references
References 30 publications
0
4
0
Order By: Relevance
“…An effect of hosting is usually employed in the related models to control for the outstanding medal surplus of the home country. The host effect clearly exists when using aggregated data; the host dummy variable shows a significant positive effect on the number of medals in all studies 4,5,11,12,[15][16][17][18]22,23 .…”
Section: Conceptual Backgroundmentioning
confidence: 90%
See 2 more Smart Citations
“…An effect of hosting is usually employed in the related models to control for the outstanding medal surplus of the home country. The host effect clearly exists when using aggregated data; the host dummy variable shows a significant positive effect on the number of medals in all studies 4,5,11,12,[15][16][17][18]22,23 .…”
Section: Conceptual Backgroundmentioning
confidence: 90%
“…2), which may bias the estimation using OLS. Previous studies used the Tobit estimator 4,5,10,11,[16][17][18] or zero-inflated beta regression 15 to manage the zero-observation problem. However, medal count can only be a positive number, which indicates a Poisson or negative binomial distribution 28 .…”
Section: Methodsmentioning
confidence: 99%
See 1 more Smart Citation
“…We use statistical analysis methods to evaluate physical function fatigue characteristics. 6 In this way, the analysis model of the correlation characteristics of the fatigue limit of modern five physical functions is obtained:…”
Section: Methodsmentioning
confidence: 99%
“…The comparison of sports or element of sports based on the level of luck or probability of winning is not novel, and several studies have investigated this topic [2][3][4][5][6][7][8]. There are lucid reasons behind the popularity of luck studies in sport [2].…”
Section: Introductionmentioning
confidence: 99%