April 2010
Intermediate to advanced
64 pages
3h 17m
English
book
Stumbling On Wins in Basketball: Two Economists Expose the Pitfalls on the Road to Victory in Professional Sports
by Martin B. Schmidt, David J. Berri
Content preview from Stumbling On Wins in Basketball: Two Economists Expose the Pitfalls on the Road to Victory in Professional Sports
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Endnotes
Chapter 1
1 The quotes from Seinfeld were found at www.seinfeldscripts.com.
2 The quote is from Veblen [(1898): p. 389]: “In all the received formulations of economic theory...the human material with which the inquiry is concerned is conceived in hedonistic terms; ... The hedonistic conception of man is that of a lightning calculator of pleasures and pains who oscillates like a homogeneous globule of desire of happiness under the impulse of stimuli that shift him about the area, but leave him intact.” (Italics added to the original.)
3 Thaler and Sunstein (2008): p. 6.
4 This definition is more precisely referred to as “instrumental rationality,” and it comes from Etzioni (1988, p. 136). Instrumental rationality was also described ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.