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Rivista di Diritto ed Economia dello Sport - Rdes.it

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88 Kelly Goossensw<strong>it</strong>hin season compet<strong>it</strong>ive balance since <strong>it</strong> understates the level. Thenumerator should be smaller. They propose an adjust<strong>ed</strong> Gini-coefficient butunderline that there remain problems w<strong>it</strong>h <strong>it</strong>. 42 Consequently we do notconsider <strong>it</strong> for our comparison of countries.Compet<strong>it</strong>ive balance ratioThe standard deviation only accounts for seasonal uncertainty and not forchampionship uncertainty because the dominance of teams over seasons isnot taken into account. We show this in the next chapter. Humphreys andEckard 43 concentrat<strong>ed</strong> on a more dynamic measure to include both kinds ofuncertainty. Eckard decompos<strong>ed</strong> the variance of winning percentages into acumulative and time varying component. Humphreys us<strong>ed</strong> Eckard’s idea tomodel an easier measure but w<strong>it</strong>h the same basics. He nam<strong>ed</strong> <strong>it</strong> the compet<strong>it</strong>ivebalance ratio (CBR). Since both measures are equally valu<strong>ed</strong> we prefer to<strong>di</strong>scuss the CBR.The standard deviation of winning over seasons per team is nowinclud<strong>ed</strong> and <strong>it</strong> is nam<strong>ed</strong> ‘w<strong>it</strong>hin-team-standard deviation’. The standarddeviation us<strong>ed</strong> before is call<strong>ed</strong> the ‘w<strong>it</strong>hin-season-standard deviation’. 44W<strong>it</strong>hin-team-standard deviationW<strong>it</strong>hin-season-standard deviation:S∑22( wis,−wi)( wis,−ws)SD wt,i= s=1SD ws,s = i=1(1)SnThe Compet<strong>it</strong>ive Balance Ratio (CBR) is the ratio of these twostandard deviations:CBR=n∑i=1SDnwt ,in∑S∑ SDws , s(2)s=1S____________________42For an overview we refer to their paper.43W. ECKARD, ANOVA-Bas<strong>ed</strong> Compet<strong>it</strong>ive Balance Measure, Defense, J. of Sp. Ec., vol. 4, n. 1,2003, 74-80; B. R. HUMPHREYS, ibidem, 2002 and B. R. HUMPHREYS, The ANOVA-Bas<strong>ed</strong> Compet<strong>it</strong>iveBalance Measure: A reply, J. of Sp. Ec., vol. 4, n. 1, 2003, 81-82.44i= team, s= season, n= total nr of teams, S= total nr of seasons, w i,s= win percentage of team iin season s, w i= average win percentage of team i over total nr of seasons, w s= average win

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