The economic wisdom of Ray Lewis (updated)
No, the title is not a typo. In this interview for ESPN, Lewis claims that, “one of the consequences of a lost NFL season will …
Upsets and Blowouts in Tournaments
Here is the abstract of a paper in the most recent version of Economic Inquiry on upsets and blowouts in tournaments: In equilibrium play of …
Betting on the Tournament
From the Washington Post: The roughly $80 million wagered on the NCAA tournament in Las Vegas represents a minute fraction of the total betting on …
Barriers to Entry and Franchising
Co-blogger Phil Miller has recently written on his own blog, Increasing the size of a league imposes [negative] externalities on existing team owners. The new …
Home Advantage Omen for Ashes Whitewash
With cricket’s latest ‘Ashes‘ series having been decided more than a fortnight ago, much of the remaining interest in the final Test, just underway, centres purely …
Moneyball: Normal v. Abnormal
What are the limits of a “Moneyball” — expected value of a particular position — approach to personell decisions? A Sports Illustrated piece on Albert …
Maryland Stadium Authority – the gift that keeps on giving
Baltimore has Camden Yards and M and T Bank Stadium thanks to the work of the Maryland Stadium Authority. One might think that after spear-heading …
Increased Academic Standards
The Orlando Sentinel has this article (free registration required) about the new NCAA legislation that gives it the power to take scholarships away from Division …
Financial Problems at UC Berkeley
And it has nothing to do with the sorry state of the State Budget. I got an interesting cold call yesterday from a faculty member …
Underrated Sports: Three Events That Should Attract Bigger Audiences
Sports fans are spoilt for choice in 2018, with increased access to more sporting events than ever before. Television subscriptions, live streaming services and the …