Economists Do It With Models

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Entries Tagged as 'Sports'

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So *This* Is What Happens When People Actually Listen To Economists, Football Edition…

November 15th, 2013 · 2 Comments
Decision Making · Sports

This is a conversation that I had yesterday with a friend: Friend: documentary on ESPN right now that’s all you Me: I only see SportsCenter…what am I missing? Friend: ESPN 2 sorry high school coach agh you just missed it Me: Friend: http://www.grantland.com/story/_/id/9970245/grantland-channel-coach-never-punts found it all you Me: um, I was writing about that 5 [...]

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Tags: Decision Making · Sports

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An Economist Watches Basketball…

May 30th, 2012 · 8 Comments
Discrimination · Sports

Guess what I’m doing tonight (when I’m supposed to be writing, naturally)… (sidenote: I dare you to try and make a random XL t-shirt flattering) Go Celtics…hopefully I can switch back to the game 7 thumbs up as opposed to the pouting that was happening on Monday after game 1 versus the Heat. It’s not [...]

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Tags: Discrimination · Sports

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March Madness, Nerd Style…

March 24th, 2011 · 7 Comments
Behavioral Econ · Decision Making · Sports

My parents are from Ohio, and my best friend is from Kansas (damn army brats), so March Madness is a pretty lively time around these parts. I, of course, have a bet with him regarding which team will make it further in the tournament (ex ante, this was more or less a fair bet since [...]

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Tags: Behavioral Econ · Decision Making · Sports

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It’s Funny Because It’s Sad, Yankee Stadium Edition…

March 16th, 2011 · 3 Comments
Econ 101 · Sports

Call me a bad person, but I can’t help but find any financial troubles surrounding the New York Yankees just a little bit humorous. I can only hope, for their sake, that they manage their payroll better than the Bronx Parking Development Co. manages their parking garages. According to various reports, the company that won [...]

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Tags: Econ 101 · Sports

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Graphic Content: Hey Brett Favre, There’s An App For That…

August 6th, 2010 · 2 Comments
Behavioral Econ · Decision Making · Graphic Content · Sports

From Dan Ariely, author of Predictably Irrational: You might remember reading in Predictably Irrational that it turns out that when we are choosing between two or more very similar options, we tend NOT to take into account the consequences of not deciding. For example, in the parable of the donkey, the unfortunate creature is placed [...]

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Tags: Behavioral Econ · Decision Making · Graphic Content · Sports

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Fun With Math: I Need To Teach FIFA How To Perform A Cost-Benefit Analysis…Or Do I?

June 29th, 2010 · 14 Comments
Fun With Math · Sports

For those of you who haven’t been following the World Cup, there are three notable features this time around: vuvuzelas, Landon Donovan (*swoon*) and bad calls by referees. (If you ever turned it on and wondered why it sounded like there was a swarm of bees in the stadium, now you know. Note that the [...]

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Tags: Fun With Math · Sports