Incentives and Outcomes in a Strategic Setting: The 3-Points-for-a-Win System in SoccerEconomics Working Papers (2002–2016)
Document TypeWorking Paper
Working Paper NumberWP # 08021, June 2008
AbstractI exploit a major structural change that has occurred in world soccer to study the impact of incentives on outcomes in a strategic setting. A game-theoretic model is developed that captures some essential strategic elements of soccer vis-à-vis the number of points awarded to a win. The observable implications of the model are tested using a large dataset that spans 30 years and 35 countries. The empirical results support the theoretical model and show that the 3-point system has led to a statistically significant increase in the expected number of goals and a decrease in the fractions of drawn matches.
Citation InformationGiancarlo Moschini. "Incentives and Outcomes in a Strategic Setting: The 3-Points-for-a-Win System in Soccer" (2008)
Available at: http://works.bepress.com/giancarlo-moschini/72/