PERCEIVED GAME UNCERTAINTY, SUSPENSE AND THE DEMAND FOR SPORT
研究了观众对比赛不确定性的感知与客观测量是否一致，发现悬念感知不同于不确定性感知，且损失厌恶主导了观众对不确定性的偏好。
This study tries bridging between different behavioral economic explanations for the lack of support of the uncertainty of outcome hypothesis in spectator sports. We test a measure of perceived game uncertainty that is comparable to objective measures frequently tested in the literature. Econometric results suggest that fans do not perceive closeness of a game differently than how economists have tended to measure it. However, fans' perceptions of suspensefulness are distinct from their perceptions of game uncertainty. Moreover, the finding that fans' preferences for game uncertainty are dominated by loss aversion also emerges—independently of fanship status—in our stated‐preference setting.