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Stumbling On Wins: Two Economists Expose the Pitfalls on the Road to Victory in Professional Sports by Martin B. Schmidt, David J. Berri

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A. Measuring Wins Produced in the NBA

Throughout the book, we mention Wins Produced for NBA players, a metric introduced in The Wages of Wins and Berri (2008). Much of the following discussion is offered for those who are interested in how this is calculated.

A Very Brief Introduction to Regression Analysis

The Wins Produced calculations are based on various regressions. For economists, regressions are often the laboratory in which we work. For many non-economists, though, the basics of regression may be unfamiliar. Fortunately, to understand our arguments one only needs to understand a few simple concepts.

Let’s start with the following simple model:

In words, this model says that wins are a function of how many points a team and the team’s ...

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