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Don't they want to win? Every sports fan asks that question. And no wonder! Teams have an immense amount of detailed, quantifiable information to draw upon. They have powerful incentives for making good decisions. Everyone sees the results of their choices, and the consequences for failure are severe. And yet, they keep making the same mistakes over and over again - mistakes you'd think they'd learn how to avoid! Now, two leading sports economists reveal those mistakes in basketball, baseball, football, and hockey - and explain why sports decision-makers never seem to learn their lessons. You'll learn which statistics are linked to wins and which aren't and which statistics can predict the future and which can't (information that just might help you dominate your next fantasy league!) ... this book offers powerful new insights into all human decision-making.
A smart and funny book by a prominent Harvard psychologist, which uses groundbreaking research and (often hilarious) anecdotes to show us why we’re so lousy at predicting what will make us happy – and what we can do about it. Most of us spend our lives steering ourselves toward the best of all possible futures, only to find that tomorrow rarely turns out as we had expected. Why? As Harvard psychologist Daniel Gilbert explains, when people try to imagine what the future will hold, they make some basic and consistent mistakes. Just as memory plays tricks on us when we try to look backward in time, so does imagination play tricks when we try to look forward. Using cutting-edge research, much of it original, Gilbert shakes, cajoles, persuades, tricks and jokes us into accepting the fact that happiness is not really what or where we thought it was. Among the unexpected questions he poses: Why are conjoined twins no less happy than the general population? When you go out to eat, is it better to order your favourite dish every time, or to try something new? If Ingrid Bergman hadn’t gotten on the plane at the end of Casablanca, would she and Bogey have been better off? Smart, witty, accessible and laugh-out-loud funny, Stumbling on Happiness brilliantly describes all that science has to tell us about the uniquely human ability to envision the future, and how likely we are to enjoy it when we get there.
From the front office to the family room, sabermetrics has dramatically changed the way baseball players are assessed and valued by fans and managers alike. Rocketed to popularity by the 2003 bestseller Moneyball and the film of the same name, the use of sabermetrics to analyze player performance has appeared to be a David to the Goliath of systemically advantaged richer teams that could be toppled only by creative statistical analysis. The story has been so compelling that, over the past decade, team after team has integrated statistical analysis into its front office. But how accurately can crunching numbers quantify a player's ability? Do sabermetrics truly level the playing field for financially disadvantaged teams? How much of the baseball analytic trend is fad and how much fact? The Sabermetric Revolution sets the record straight on the role of analytics in baseball. Former Mets sabermetrician Benjamin Baumer and leading sports economist Andrew Zimbalist correct common misinterpretations and develop new methods to assess the effectiveness of sabermetrics on team performance. Tracing the growth of front office dependence on sabermetrics and the breadth of its use today, they explore how Major League Baseball and the field of sports analytics have changed since the 2002 season. Their conclusion is optimistic, but the authors also caution that sabermetric insights will be more difficult to come by in the future. The Sabermetric Revolution offers more than a fascinating case study of the use of statistics by general managers and front office executives: for fans and fantasy leagues, this book will provide an accessible primer on the real math behind moneyball as well as new insight into the changing business of baseball.
Author Renee Altson understands all about being hurt, feeling alone, and full of doubt. While her story is an extreme example of abuse and mistreatment done in the name of God, her struggles with God as Father and with faith and disbelief are universal. This book is a perfect companion for those who have survived or know someone who has survived abuse, as well as for anyone who has ever questioned whether the journey toward faith is worthwhile. As you stumble with Renee, you will discover new deep places within your own heart and the freedom to question a God who is big enough to handle your doubts. May this book help you learn the breath and depth of the love of God and may the prayer you offer be the same as Renee's: "I believe. Help my unbelief."
The Wages of Wins is a proper analysis of the data generated by professional sports; it tells many tales that are inconsistent with the myths put forward by the media, industry, and consumers of professional sport.
This is the eBook version of the printed book. This Element is an excerpt from Stumbling On Wins: Two Economists Expose the Pitfalls on the Road to Victory in Professional Sports (9780132357784) by David J. Berri and Martin B. Schmidt. Available in print and digital formats. Anatomy of a sports disaster: Isiah Thomas and the New York Knicks. Isiah Thomas’s tenure running the New York Knicks was not exactly successful. But that’s not the way it started. William Rhoden of The New York Times stated soon after the Knicks announced the hiring of Isiah: “If you love the Knicks and don’t like this move, you must be delirious. This was a great move.”
This is the eBook version of the printed book. This Element is an excerpt from Stumbling On Wins: Two Economists Expose the Pitfalls on the Road to Victory in Professional Sports (9780132357784) by David J. Berri and Martin B. Schmidt. Available in print and digital formats. Running the numbers in the NFL: are great black quarterbacks paid less than great white quarterbacks? At lower levels of productivity and salary, there is not much difference between how black and white quarterbacks are treated. A difference is observed when one looks at the game’s very best quarterbacks. Specifically, white quarterbacks who excel are paid more than similarly productive black quarterbacks. It appears there’s a difference in how the best quarterbacks are perceived...
This is the eBook version of the printed book. This Element is an excerpt from Stumbling On Wins: Two Economists Expose the Pitfalls on the Road to Victory in Professional Sports (9780132357784) by David J. Berri and Martin B. Schmidt. Available in print and digital formats. Why sports decision-makers are wrong so often — and why they keep making the same mistakes, year after year. When Bill James introduced his findings on the importance of on-base percentage–and the unimportance of steals–decision-makers in baseball didn’t embrace his work. Their initial reaction fully reflects the lessons of behavioral economics: people have trouble accepting information that contradicts their viewpoints. The same story has been seen again and again across the North American professional sports world.
This volume examines the economics of aquatic sports. Covering topics ranging from youth participation, collegiate level amateurism, and professional performance issues, to the history of Olympic level swim and water polo programs, the chapters illuminate economic motivations behind the behavior and performance characteristics of this industry. Labor-related themes regarding compensation, exploitation and discrimination are examined. The volume is also especially timely, including discussions of the impacts of technological change, the hot hand effect, confirmation bias, and doping. By answering questions about these key issues in sport, this book hopes to shed light on behaviors outside of sport and provide an enhanced understanding of individual, group, and industry decision making and performance under conditions of scarcity and uncertainty. This book will be of interest to those studying sports economics, sports management, or applied microeconomic theory as well as professionals in the sports field: sports managers, agents, media experts, coaches, athletic directors and development leaders.