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Author Berri, David J.

Title Stumbling on wins : two economists expose the pitfalls on the road to victory in professional sports / David J. Berri, Martin B. Schmidt. [O'Reilly electronic resource]

Imprint Upper Saddle River, N.J. : FT Press, ©2010.
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Description 1 online resource (xv, 237 pages)
Bibliography Includes bibliographical references (pages 209-223) and index.
Contents Maybe the fans are right -- Defending Isiah -- The search for useful stats -- Football in black and white -- Finding the face of the franchise -- The pareto principle and drafting mistakes -- Inefficient on the field -- Is it the teacher or the students? -- Painting a bigger picture.
Summary The next quantum leap beyond Moneyball, this book offers powerful new insights into all human decision-making, because if sports teams are getting it wrong this badly, how do you know you're not? Sometimes the decisions that teams make are simply inexplicable. Consider: sports teams have an immense amount of detailed, quantifiable information to draw upon, more than in virtually any other industry. 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 ... systematic 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 connected to wins, and which aren't, and which statistics can and can't predict the future. Along the way, David Berri and Martin Schmidt show why a quarterback's place in the draft tells you nothing about how he'll perform in the NFL ... why basketball decision-makers don't focus on the factors that really correlate with NBA success ... why famous coaches don't deliver better results ... and much more.
Subject Professional sports -- Economic aspects -- United States.
Professional sports -- Social aspects -- United States.
Sports professionnels -- Aspect économique -- États-Unis.
Sports professionnels -- Aspect social -- États-Unis.
Professional sports -- Economic aspects -- United States.
Professional sports -- Social aspects -- United States.
Professional sports -- Economic aspects
Professional sports -- Social aspects
United States
Added Author Schmidt, Martin B.
Other Form: Print version: Berri, David J. Stumbling on wins. Upper Saddle River, N.J. : FT Press, ©2010 (DLC) 2009040397
ISBN 9780137069521
0137069529
(hardback ; alk. paper)
(hardback ; alk. paper)
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