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The first book to use the world's most popular sport to test economic theories and document novel human behavior A wealth of research in recent decades has seen the economic approach to human behavior extended over many areas previously considered to belong to sociology, political science, law, and other fields. Research has also shown that economics can provide insight into many aspects of sports, including soccer. Beautiful Game Theory is the first book that uses soccer to test economic theories and document novel human behavior. In this brilliant and entertaining book, Ignacio Palacios-Huerta illuminates economics through the world's most popular sport. He offers unique and often startlin...
In this book, ten prominent economists—including Nobel laureates and several likely laureates—offer their ideas about what the future might hold in 100 years. This pithy and engaging volume shows that economists may be better equipped to predict the future than science fiction writers. Economists' ideas, based on both theory and practice, reflect their knowledge of the laws of human interactions as well as years of experimentation and reflection. Although perhaps not as screenplay-ready as a work of fiction, these economists' predictions are ready for their close-ups. In this book, ten prominent economists—including Nobel laureates and several likely laureates—offer their ideas about...
The vast sums of money generated by sport worldwide have meant that the laws of economic competition have an important role to play in the organization and regulation of the industry. This volume offers a comparative perspective on the economics of sport and highlights both the similarities and differences in the North American and European models of sport. It tackles policy issues, such as organizing, financing and regulation of team sports alongside theoretical issues regarding income redistribution and competitive balance. It also evaluates the impact of sport and sports events on local com.
This book places economic debates in their historical context and outlines how economic ideas have influenced swings in policy.
An all-encompassing look at the penalty kick, soccer’s all-or-nothing play—its legendary moments and the secrets to its success No stretch of grass has been the site of more glory or heartbreak in the world of sports than the few dozen paces between goalkeeper and penalty kicker in soccer. In theory, it’s simple: place the ball beyond a single defender and secure a place in history. But once the chosen players make the lonely march from their respective sides of the pitch, everything changes, all bets are off, and anything can happen. Drawing from the hard-won lessons of legendary games, in-depth statistical analysis, expert opinion, and the firsthand experience of coaches and players from around the world, journalist Ben Lyttleton offers insight into the diverse attitudes, tactics, and techniques that separate success from failure in one of the highest-pressure situations sports has to offer.
This volume brings together contributions to the burgeoning research area of behavioral economics from a number of well-known international scholars in the field. Topics covered include 'irrational' conducts; imperfect self-knowledge; imperfect memory; time and utility; and experimental practices in psychology, economics, and finance. This book will provide a point of entry to anyone wishing to discover what the intellectual terrain between economics and psychology looks like.
This book reconfigures the study of the origins of the Enlightenment in the Spanish Empire. Challenging dominant interpretations of the period, this book shows that early eighteenth-century Spanish authors turned to Enlightenment ideas to reinvent Spain’s role in the European balance of power. And while international law grew to provide a legal framework that could safeguard peace, Spanish officials, diplomats, and authors, hardened by the failure of Spanish diplomacy, sought instead to regulate international relations by drawing on investment, profit, and self-interest. The book shows, on the basis of new archival research, that the Diplomatic Enlightenment sought to turn the Spanish Empire into a space for closer political cooperation with other European and non-European states and empires.
A Financial Times Book of the Month pick for April! Is it worth swimming in shark-infested waters to surf a 50-foot, career-record wave? Is it riskier to make an action movie or a horror movie? Should sex workers forfeit 50 percent of their income for added security or take a chance and keep the extra money? Most people wouldn't expect an economist to have an answer to these questions--or to other questions of daily life, such as who to date or how early to leave for the airport. But those people haven't met Allison Schrager, an economist and award-winning journalist who has spent her career examining how people manage risk in their lives and careers. Whether we realize it or not, we all tak...
As we continue in an era of simultaneous innovation and commoditization, enabled by digital technologies, managers around the world are asking themselves "how can we both adapt to rapid changes in technology and markets, and still make enough money to survive - and thrive?" To provide answers to these important and urgent questions, MIT Sloan School of Management Professor Michael Cusumano draws on nearly 30 years of research into the practices of global corporations that have been acknowledged leaders and benchmark setters - including Apple, Intel, Google, Microsoft, Toyota, Sony, Panasonic, and others in a range of high-technology, services, and manufacturing industries. These companies ha...
Are all film stars linked to Kevin Bacon? Why do the stock markets rise and fall sharply on the strength of a vague rumour? How does gossip spread so quickly? Are we all related through six degrees of separation? There is a growing awareness of the complex networks that pervade modern society. We see them in the rapid growth of the internet, the ease of global communication, the swift spread of news and information, and in the way epidemics and financial crises develop with startling speed and intensity. This introductory book on the new science of networks takes an interdisciplinary approach, using economics, sociology, computing, information science and applied mathematics to address fundamental questions about the links that connect us, and the ways that our decisions can have consequences for others.