A stochastic-demographic model to explain success and dominance in international sports
We model a stochastic, demographic-based framework to examine how an empirically proven, so-called first mover advantage affects the long-term sporting success of states by considering, among other things, demographic developments and the accumulation of sport-related human capital. In order to clarify and formalize this advantage in a sports economics framework, we draw on the concept of the stochastic dominance. Since our model is dynamic, it allows us to show how the probability of success of a nation evolves and under which conditions the stochastic dominance reduces.
Authors
- Frank Daumann (ORCID: https://orcid.org/0000-0001-8649-8695)
- Julian Alexander Klöcker (ORCID: https://orcid.org/0000-0002-7608-0866)
Institutions
- Friedrich Schiller University Jena (DE)
Publication Details
- Journal
- Research in Economics
- Published
- 2024-08-25
- DOI
- https://doi.org/10.1016/j.rie.2024.100990
- Citations
- 2
- Primary Topic
- Sports Analytics and Performance
- Type
- article
- Field-Weighted Citation Impact
- 2.26