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 [...]
Entries Tagged as 'Sports'
March Madness, Nerd Style…
March 24th, 2011 · 7 Comments
Behavioral Econ · Decision Making · Sports
Tags: Behavioral Econ · Decision Making · Sports
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 [...]
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 in [...]
Tags: Behavioral Econ · Decision Making · Graphic Content · Sports
Fun With Math: I Need To Teach FIFA How To Perform A Cost-Benefit Analysis…Or Do I?
June 29th, 2010 · 13 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. [...]
Tags: Fun With Math · Sports
Reader Question: So What’s Up With This Strasburg Kid?
June 8th, 2010 · 13 Comments
Behavioral Econ · Buyer Beware · Reader Questions · Sports
Okay, so maybe that wasn’t the exact wording of the question, but it’s what everyone seems to be asking nowadays…reader Seth writes:
I had a topic for you to address that I thought might be good for someone with a behavioral econ background. Tonight is Stephen Strasburg’s MLB debut (#1 uber prospect) for the Nationals. The [...]
Tags: Behavioral Econ · Buyer Beware · Reader Questions · Sports