Stumbling On Wins in Basketball

Stumbling On Wins in Basketball

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by David Berri, Martin Schmidt
     
 

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.

In basketball, spending explains less than 10% of the variation in wins. Discover what explains the other 90%!

In

Overview

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.

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.

Product Details

ISBN-13:
9780132120982
Publisher:
Pearson Education
Publication date:
04/08/2010
Series:
FTPress Executive Briefs
Sold by:
Barnes & Noble
Format:
NOOK Book
Pages:
64
File size:
2 MB

Related Subjects

Meet the Author

David Berri is associate professor of economics at Southern Utah University. He has written extensively on sports economics for academic journals, newspapers, and magazines, including The New York Times. Martin B. Schmidt is a professor of economics at the College of William and Mary, specializes in sports economics and macroeconomics. His writing has appeared in the field's leading academic and general interest journals. Berri and Schmidt co-authored The Wages of Wins, and maintain a popular blog that discusses the economics of sports decision-making.

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Stumbling On Wins in Basketball 4 out of 5 based on 0 ratings. 1 reviews.
Anonymous More than 1 year ago