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Article
Incentives and Outcomes in a Strategic Setting: The 3-Points-for-a-Win System in Soccer
Economics Working Papers (2002–2016)
  • Giancarlo Moschini, Iowa State
Document Type
Working Paper
Publication Date
6-1-2008
Working Paper Number
WP # 08021, June 2008
Abstract
I 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.
File Format
application/pdf
Length
30 pages
Citation Information
Giancarlo 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/