Ticket consumption forecast for Brazilian championship games

Bibliographic Details
Main Author: Bortoluzzo,Adriana Bruscato
Publication Date: 2017
Other Authors: Bortoluzzo,Mauricio Mesquita, Machado,Sérgio Jurandyr, Melhado,Tatiana Terabayashi, Trindade,Pedro Iaropoli, Pereira,Bruno Santos
Format: Article
Language: eng
Source: Revista de Administração (São Paulo)
Download full: http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0080-21072017000100070
Summary: Abstract For the efficiency of sales and marketing management of athletic clubs, it is crucial to find a way to appropriately estimate the level of demand for sporting events. More precise estimates allow for an appropriate financial and operational plan and a higher quality of service delivered to the fans. The focus of this study is to analyze and forecast the ticket consumption for soccer games in Brazilian stadiums. We compare the results of the regression model with normally distributed errors (benchmark), the TOBIT model and the Gamma generalized linear model. The models include explanatory variables related to the economic environment, product quality, as well as monetary and non-monetary incentives that people are given to attend sporting events at stadiums. We show that most of these variables are statistically significant to explain the amount of fans that go to stadiums. We used different measures of accuracy to evaluate the performance of demand forecasts and concluded that Gamma generalized linear model presented better results to forecast the ticket consumption for Brazilian championship games, when compared to a benchmark.
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spelling Ticket consumption forecast for Brazilian championship gamesSports managementGLMTicket consumptionSoccerAbstract For the efficiency of sales and marketing management of athletic clubs, it is crucial to find a way to appropriately estimate the level of demand for sporting events. More precise estimates allow for an appropriate financial and operational plan and a higher quality of service delivered to the fans. The focus of this study is to analyze and forecast the ticket consumption for soccer games in Brazilian stadiums. We compare the results of the regression model with normally distributed errors (benchmark), the TOBIT model and the Gamma generalized linear model. The models include explanatory variables related to the economic environment, product quality, as well as monetary and non-monetary incentives that people are given to attend sporting events at stadiums. We show that most of these variables are statistically significant to explain the amount of fans that go to stadiums. We used different measures of accuracy to evaluate the performance of demand forecasts and concluded that Gamma generalized linear model presented better results to forecast the ticket consumption for Brazilian championship games, when compared to a benchmark.Departamento de Administração da Faculdade de Economia, Administração e Contabilidade da Universidade de São Paulo2017-03-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0080-21072017000100070Revista de Administração (São Paulo) v.52 n.1 2017reponame:Revista de Administração (São Paulo)instname:Universidade de São Paulo (USP)instacron:USP10.1016/j.rausp.2016.09.007info:eu-repo/semantics/openAccessBortoluzzo,Adriana BruscatoBortoluzzo,Mauricio MesquitaMachado,Sérgio JurandyrMelhado,Tatiana TerabayashiTrindade,Pedro IaropoliPereira,Bruno Santoseng2017-02-20T00:00:00Zoai:scielo:S0080-21072017000100070Revistahttp://rausp.usp.br/PUBhttps://old.scielo.br/oai/scielo-oai.phprausp@usp.br||reinhard@usp.br1984-61420080-2107opendoar:2017-02-20T00:00Revista de Administração (São Paulo) - Universidade de São Paulo (USP)false
dc.title.none.fl_str_mv Ticket consumption forecast for Brazilian championship games
title Ticket consumption forecast for Brazilian championship games
spellingShingle Ticket consumption forecast for Brazilian championship games
Bortoluzzo,Adriana Bruscato
Sports management
GLM
Ticket consumption
Soccer
title_short Ticket consumption forecast for Brazilian championship games
title_full Ticket consumption forecast for Brazilian championship games
title_fullStr Ticket consumption forecast for Brazilian championship games
title_full_unstemmed Ticket consumption forecast for Brazilian championship games
title_sort Ticket consumption forecast for Brazilian championship games
author Bortoluzzo,Adriana Bruscato
author_facet Bortoluzzo,Adriana Bruscato
Bortoluzzo,Mauricio Mesquita
Machado,Sérgio Jurandyr
Melhado,Tatiana Terabayashi
Trindade,Pedro Iaropoli
Pereira,Bruno Santos
author_role author
author2 Bortoluzzo,Mauricio Mesquita
Machado,Sérgio Jurandyr
Melhado,Tatiana Terabayashi
Trindade,Pedro Iaropoli
Pereira,Bruno Santos
author2_role author
author
author
author
author
dc.contributor.author.fl_str_mv Bortoluzzo,Adriana Bruscato
Bortoluzzo,Mauricio Mesquita
Machado,Sérgio Jurandyr
Melhado,Tatiana Terabayashi
Trindade,Pedro Iaropoli
Pereira,Bruno Santos
dc.subject.por.fl_str_mv Sports management
GLM
Ticket consumption
Soccer
topic Sports management
GLM
Ticket consumption
Soccer
description Abstract For the efficiency of sales and marketing management of athletic clubs, it is crucial to find a way to appropriately estimate the level of demand for sporting events. More precise estimates allow for an appropriate financial and operational plan and a higher quality of service delivered to the fans. The focus of this study is to analyze and forecast the ticket consumption for soccer games in Brazilian stadiums. We compare the results of the regression model with normally distributed errors (benchmark), the TOBIT model and the Gamma generalized linear model. The models include explanatory variables related to the economic environment, product quality, as well as monetary and non-monetary incentives that people are given to attend sporting events at stadiums. We show that most of these variables are statistically significant to explain the amount of fans that go to stadiums. We used different measures of accuracy to evaluate the performance of demand forecasts and concluded that Gamma generalized linear model presented better results to forecast the ticket consumption for Brazilian championship games, when compared to a benchmark.
publishDate 2017
dc.date.none.fl_str_mv 2017-03-01
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0080-21072017000100070
url http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0080-21072017000100070
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 10.1016/j.rausp.2016.09.007
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv text/html
dc.publisher.none.fl_str_mv Departamento de Administração da Faculdade de Economia, Administração e Contabilidade da Universidade de São Paulo
publisher.none.fl_str_mv Departamento de Administração da Faculdade de Economia, Administração e Contabilidade da Universidade de São Paulo
dc.source.none.fl_str_mv Revista de Administração (São Paulo) v.52 n.1 2017
reponame:Revista de Administração (São Paulo)
instname:Universidade de São Paulo (USP)
instacron:USP
instname_str Universidade de São Paulo (USP)
instacron_str USP
institution USP
reponame_str Revista de Administração (São Paulo)
collection Revista de Administração (São Paulo)
repository.name.fl_str_mv Revista de Administração (São Paulo) - Universidade de São Paulo (USP)
repository.mail.fl_str_mv rausp@usp.br||reinhard@usp.br
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