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Showing 1 - 4 of 4 matches in All Departments
While playing hooky from a conference in Boston a few years back,
three former colleagues from Northwestern's Kellogg School of
Management hopped in a car and headed on a road trip. They pulled
into a shoe store in Maine and noticed that the sales help was
unusually pushy. After a few questions, they discovered the store
had a "secret shopper" program, in which employees would be marked
down if they were not sufficiently aggressive with customers. A
lightbulb went off.
An engaging look at the ways economic thinking can help us understand how sports work both on and off the field. Are ticket scalpers good for teams? Should parents push their kids to excel at sports? Why do Koreans dominate women’s golf, while Kenyans and Ethiopians dominate marathon racing? Why would Michael Jordan, the greatest player in basketball, pass to Steve Kerr for the game-winning shot? Paul Oyer shows the many ways economics permeates the world of sports. His topics range from the business of sport to how great athletes use economic thinking to outsmart their opponents to why the world’s greatest sports powerhouse (at least per capita) is not America or China but the principality of Liechtenstein. Economics explains why some sports cannot stop the use of performance-enhancing drugs while others can, why hundred-million-dollar player contracts are guaranteed in baseball but not in football, how one man was able to set the world of sports betting on its ear—and why it will probably never happen again. This book is an entertaining guide to how a bit of economics can make you a better athlete and a more informed fan.
Conquering the dating market--from an economist's point of view After more than twenty years, economist Paul Oyer found himself back on the dating scene--but what a difference a few years made. Dating was now dominated by sites like Match.com, eHarmony, and OkCupid. But Oyer had a secret weapon: economics. It turns out that dating sites are no different than the markets Oyer had spent a lifetime studying. Monster.com, eBay, and other sites where individuals come together to find a match gave Oyer startling insight into the modern dating scene. The arcane language of economics--search, signaling, adverse selection, cheap talk, statistical discrimination, thick markets, and network externalities--provides a useful guide to finding a mate. Using the ideas that are central to how markets and economics and dating work, Oyer shows how you can apply these ideas to take advantage of the economics in everyday life, all around you, all the time. For all online daters--and for anyone else swimming in the vast sea of the information economy--this book uses Oyer's own experiences, and those of millions of others, to help you navigate the key economic concepts that drive the modern age.
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