Beautiful Game Theory: How Soccer Can Help Economics

Author:   Ignacio Palacios-Huerta
Publisher:   Princeton University Press
ISBN:  

9780691169255


Pages:   222
Publication Date:   19 April 2016
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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Beautiful Game Theory: How Soccer Can Help Economics


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Overview

A wealth of research in recent decades has seen the economic approach to human behavior extended over many areas previously considered to belong to sociology, political science, law, and other fields. Research has also shown that economics can provide insight into many aspects of sports, including soccer. Beautiful Game Theory is the first book that uses soccer to test economic theories and document novel human behavior. In this brilliant and entertaining book, Ignacio Palacios-Huerta illuminates economics through the world's most popular sport. He offers unique and often startling insights into game theory and microeconomics, covering topics such as mixed strategies, discrimination, incentives, and human preferences. He also looks at finance, experimental economics, behavioral economics, and neuroeconomics. Soccer provides rich data sets and environments that shed light on universal economic principles in interesting and useful ways. Essential reading for students, researchers, and sports enthusiasts, Beautiful Game Theory is the first book to show what soccer can do for economics.

Full Product Details

Author:   Ignacio Palacios-Huerta
Publisher:   Princeton University Press
Imprint:   Princeton University Press
Dimensions:   Width: 15.20cm , Height: 1.80cm , Length: 23.50cm
Weight:   0.340kg
ISBN:  

9780691169255


ISBN 10:   069116925
Pages:   222
Publication Date:   19 April 2016
Audience:   College/higher education ,  Professional and scholarly ,  Tertiary & Higher Education ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.
Language:   English

Table of Contents

Introduction 1 FIRST HALF 1.Pele Meets John von Neumann in the Penalty Area 9 2.Vernon Smith Meets Messi in the Laboratory 31 3.Lessons for Experimental Design 45 4.Mapping Minimax in the Brain (with Antonio Olivero, Sven Bestmann, Jose Florensa Vila, and Jose Apesteguia) 58 5.Psychological Pressure on the Field and Elsewhere 68 HALFTIME 6.Scoring at Halftime 89 SECOND HALF 7.Favoritism under Social Pressure 107 8.Making the Beautiful Game a Bit Less Beautiful (with Luis Garicano) 124 9.Fear Pitch 151 10.From Argentina without Emotions 164 11.Discrimination: From the Makana Football Association to Europe 174 Acknowledgments 193 References 195 Index 205

Reviews

Beautiful Game Theory shows what it is like to think deeply about a sport and to test your ideas with data. . . . [I]t is a book I recommend unconditionally to those economists with even a passing sport. --John Considine, Sportseconomics.org [E]njoyably accessible to nonspecialists, especially sports enthusiasts, who will learn a great deal about soccer, economics, and human behavior more generally. --Foreign Affairs


[E]njoyably accessible to nonspecialists, especially sports enthusiasts, who will learn a great deal about soccer, economics, and human behavior more generally. --Foreign Affairs Beautiful Game Theory shows what it is like to think deeply about a sport and to test your ideas with data... [I]t is a book I recommend unconditionally to those economists with even a passing sport. --John Considine, Sportseconomics.org


Author Information

Ignacio Palacios-Huerta is professor of management, economics, and strategy at the London School of Economics, and head of talent identification at Athletic Club de Bilbao, a professional soccer club in Spain.

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