Exploring entertainment utility from football games

Tim Pawlowski (Lead / Corresponding author), Dooruj Rambaccussing, Philip Ramirez, J. James Reade, Giambattista Rossi

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    Abstract

    Previous research exploring the role of belief dynamics for consumers in the entertainment industry has largely ignored the fact that emotional reactions are a function of the content and a consumer’s disposition towards certain protagonists. By analyzing 19 m tweets in combination with in-play information for 380 football matches played in the English Premier League we contribute to the literature in three ways. First, we present a setting for testing how belief dynamics drive behavior which is characterized by several desirable features for empirical research. Second, we present an approach for detecting fans and haters of a club as well as neutrals via sentiment revealed in Tweets. Third, by looking at behavioral responses to the temporal resolution of uncertainty during a game, we offer a fine-grained empirical test for the popular uncertainty-of-outcome hypothesis in sports.
    Original languageEnglish
    Pages (from-to)185-198
    Number of pages14
    JournalJournal of Economic Behavior and Organization
    Volume223
    Early online date23 May 2024
    DOIs
    Publication statusPublished - Jul 2024

    Keywords

    • Suspense
    • Surprise
    • Entertainment utility
    • football
    • Tweets

    ASJC Scopus subject areas

    • Economics, Econometrics and Finance(all)
    • Economics and Econometrics
    • Finance

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