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Stumbling on Wins in Basketball: Two Economists Expose the Pitfalls on the Road to Victory in Professional Sports

Author: David J. Berri

Publisher:

Published: 2010

Total Pages: 137

ISBN-13:

This is the eBook version of the printed book. If the print book includes a CD-ROM, this content is not included within the eBook version. 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 NFL general managers keep making so many mistakes: the shocking realities hidden in the statistics!How many wins a quarterback produces depends on two factors: his number of plays and per-play productivity. High draft position gets him on the field, but doesn't appear to say anything about how well he'll play. Per-play numbers reveal that players taken with picks 11-50 were more productive than those taken at the top; QBs taken from picks 51-90 were as productive as those in the top ten.

Stumbling On Wins in Football

Author: David Berri

Publisher: Pearson Education

Published: 2010-04-08

Total Pages: 132

ISBN-13: 0132120968

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This is the eBook version of the printed book. Like what you've read? Get more in 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 NFL general managers keep making so many mistakes: the shocking realities hidden in the statistics! How many wins a quarterback produces depends on two factors: his number of plays and per-play productivity. High draft position gets him on the field, but doesn’t appear to say anything about how well he’ll play. Per-play numbers reveal that players taken with picks 11-50 were more productive than those taken at the top; QBs taken from picks 51-90 were as productive as those in the top ten.

Stumbling On Wins in Basketball

Author: David Berri

Publisher: Pearson Education

Published: 2010-04-08

Total Pages: 173

ISBN-13: 0132120984

DOWNLOAD EBOOK →

This is the eBook version of the printed book. Like what you've read? Get more in 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. In basketball, spending explains less than 10% of the variation in wins. Discover what explains the other 90%! In basketball, success takes more than money. From 1997-98 to 2003-04, the Knicks finished either first or second in payroll—and won only six more games than they lost. Their “averageness” led them to hire Isiah Thomas. Few people knew more about basketball. Thomas’s path to disaster began with his first move: sending several players and draft picks to the Suns for players, including Stephon Marbury.

The NFL Draft

Author: David J. Berri

Publisher:

Published: 2010

Total Pages: 14

ISBN-13: 9780132120265

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"This Element is an excerpt from Stumbling On Wins: Two Economists Expose the Pitfalls on the Road to Victory in Professional Sports (ISBN: 9780132357784) by David J. Berri and Martin B. Schmidt. Why NFL teams' conventional approach to the draft just doesn't work--and what they should be doing instead"--Resource description page.

Stumbling on Wins

Author: David J. Berri

Publisher: Financial Times/Prentice Hall

Published: 2010

Total Pages: 0

ISBN-13: 9780132357784

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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.

The NFL Draft

Author: Martin Schmidt

Publisher:

Published: 2010

Total Pages: 15

ISBN-13:

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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 NFL teams' conventional approach to the draft just doesn't work--and what they should be doing instead. If the NFL draft worked according to conventional wisdom, the greatest surplus value would be found at the top of the draft. However, the data suggests that picks in the top half of the second round have the greatest surplus value. This means teams in the first round, especially at the top, should be making every effort to trade down. They've traditionally done the opposite ...

Personnel Economics in Sports

Author: Neil Longley

Publisher: Edward Elgar Publishing

Published: 2018-10-26

Total Pages: 224

ISBN-13: 1786430916

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This book examines personnel economics within the context of the professional sport industry. Sport is an effective industry in which to empirically test theories of personnel economics, primarily because the employer-employee relationship in sport is much more visible and transparent than in almost any other industry. Researchers benefit from having data on a host of variables pertaining to individual employees (i.e. players), such as their age, race, national origin, and experience. Researchers also have data on each employee's performance, on their salary, and on who their co-workers (teammates) and managers (coaches) are. The chapters are organized around the core functional areas of personnel economics and cover all aspects of the employment relationship in sport - from recruiting and selection, to pay and performance, to work team design. Each chapter contains a thorough literature review that provides the reader with a sense of the breadth and depth of the work being done in the area, and with a sense as to how the literature can move forward, both in a sport and non-sport context. The book is suitable for an advanced undergraduate course right through to a PhD-level field-course in both management and economics. Academic researchers in the fields of sports economics, personnel economics, human resource management, strategic management and sport management will also find the book of interest.

The SAGE Handbook of Sports Economics

Author: Paul Downward

Publisher: SAGE

Published: 2019-08-26

Total Pages: 1077

ISBN-13: 1526444518

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Sports economics is a well-established and dynamic area of study; a key component in the fields of sport management, sport science and sport studies, as well as in other areas of economics, finance and management. Covering amateur to professional sports, individual events and organised tournaments, this Handbook provides an authoritative contribution to the understanding of sport in the economy. The editors of The SAGE Handbook of Sports Economics have brought together a global team of respected scholars to create this benchmark collection of insights into sports economics. Each chapter includes a study of a specific context in which issues arise in sports economics, a critical presentation of its main theoretical contributions, an overview of current research findings, and an outline of enquiry for future research. PART I: The Nature and Value of the Sports System and Economy PART II: Amateur Sports Participation, Supply and Impact PART III: Professional Team Sports PART IV: Professional Sports Leagues PART V: Sports Events and their Impacts PART VI: Individual Sports PART VII: Future Research

The Economics of the National Football League

Author: Kevin G. Quinn

Publisher: Springer Science & Business Media

Published: 2011-12-20

Total Pages: 333

ISBN-13: 1441962891

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This book lays down a marker as to the state of economists’ understanding of the National Football League (NFL) by assembling sophisticated, critical surveys of by leading sports economists on major topics associated with the league. The book is divided into four parts. The first three chapters in Part I provide an overview of the business of the NFL from an economist’s perspective. Part II is a collection of surveys of the economics of the NFL’s most important revenue streams, including media, attendance, and merchandising. The NFL’s labor economics is the focus of Part III, with chapters on player and coach labor markets, the draft, and contract structure. Part IV includes essays on competitive balance, gambling, economic impacts of the Super Bowl, behavioral economic issues associated with the league, and antitrust issues. This book will appeal to sports economists, sports management professionals, and policy-makers, and would be useful as a supplementary text for sports economics and management courses as well as a reference text.

The Sabermetric Revolution

Author: Benjamin Baumer

Publisher: University of Pennsylvania Press

Published: 2014-01-16

Total Pages: 204

ISBN-13: 0812209125

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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.