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The influence of economics in sports

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Nowadays, you can find the influence of economics in your favorite sports. The sports industry is using data and research to evaluate players, strategies and even leagues that are particularly driven by the rise of game theory in economics as game theory in sports industry uses models to figure out optimum strategies like what kind of Baseball pitches to be made or whether American Football teams should pass more. Some teams hire economists to solve specific strategic problems. The rise in sports economics is continuing as the data gets better and teams compete for a strategic edge. Want to know more about sports economics, visit: http://theconversation.com/how-and-why-economics-is-taking-over-sports-88574

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Friday, 19 April 2024
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