The Stones of Galileo: Sports as Economics

The Stones of Galileo: Sports as Economics

Fecha: abril 2019

Ignacio Palacios-Huerta

Economía del deporte, Análisis económico, Metodología, Comportamiento humano, Deporte

Sports (and) Economics

EN: The general applicability of the economic approach to human behavior means that any data about human activity is potentially useful to evaluate economic theories, including sports.
And sports are in many ways the perfect laboratory to try to obtain novel insights into human decision-making. There is an abundance of data, the goals of the participants are often uncomplicated, the outcomes extremely clear, the stakes high, and the subjects professionals with experience.
This is a novel field in Economics that is gaining substantial attention in the literature. This chapter reviews recent research that uses sports data to help Economics from this perspective.

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