How Efficient Are Cricket, Tennis Players?
How efficient are sports participants, anyway? Among economists, the jury seems to still be out on whether football teams should go for it, rather than kick, on fourth down more often than they do. But football — highlighted in today’s Journal — isn’t the only sport they’re watching.
... more at WSJ Economics Blog.Small Band of Economists Trumpet Sports Betting for Insights
New Orleans
Academic economists got a clue that this year's meeting of the American Economic Association would be different when Louisiana State University's football team -- in town for today's championship game against Ohio State -- streamed through the lobby of the main conference hotel. As economists gathered Friday to discuss papers on business cycles, the evolution of checks and the factors that make for good schools, the LSU Tigers belted out "The Star-Spangled Banner" over breakfast nearby.
...more at Wall Street Journal.My paper discussed in the article is Estimating the Value of Going For It (When No One Does).