Well here’s a model for ya…economist Daniel Johnson is getting a lot of press for a model that predicts Winter Olympic medal counts by country. A friend sent me the story about it that appeared in Forbes, and even the Freakonomics blog has taken up the cause. From the article:
Over the past five [...]
Entries Tagged as 'Sports'
Things Economists Do When No One’s Looking, Olympics Edition…
March 1st, 2010 · 6 Comments
Fun With Data · Sports
Tags: Fun With Data · Sports
Reader Question: On How Red Sox Fans Are Like Puppies…
December 10th, 2009 · 13 Comments
Econ 101 · Reader Questions · Sports
I saw this a couple of hours ago on my Facebook News Feed:
Mick Greenwood loves how the Red Sox literally tell us that they’re going to raise the cost and decrease the value. Hey Jodi Beggs - Economists Do It With Models - can you smarten them up, please?
Awwww…I have my friends trained so well- [...]
Tags: Econ 101 · Reader Questions · Sports
When Money Does Buy Happiness(?), World Series Edition…
December 3rd, 2009 · 5 Comments
Sports
In case you were wondering why I haven’t written in the last few weeks, the blame is to be placed on the following video, which led me to look up virtually every number having to do with the business of baseball and then dive head first into Excel and not come up for air:
See more [...]
Tags: Sports
On Why The New York Yankees Aren’t Like Groundhogs…
November 4th, 2009 · 7 Comments
Fun With Data · Sports
First, a reminder on correlation versus causation here. For those of you that are too lazy to read that link, let me summarize: CORRELATION DOES NOT IMPLY CAUSATION.
Now that we are reminded of that important concept, let me introduce what I find to be a particularly amusing article on the relationship between Yankee success [...]
Tags: Fun With Data · Sports
A Game Theory Lesson, Or A Treatise On My Desire To Win Stuff…
July 12th, 2009 · 9 Comments
Econ 101 · Game Theory · Sports
I wish I had a cartoon for the following, so drop me a line if you know of any. Anyway, from the “Economics is Everywhere” desk:
So it’s Sunday morning (well, afternoon I suppose. It’s Sunday, ok?) and I am catching up on my Twitter feed while watching the Red Sox game. I [...]
Tags: Econ 101 · Game Theory · Sports