Teaching Competition in Professional Sports Leagues

Autor/in	Szymanski, Stefan
Titel	Teaching Competition in Professional Sports Leagues
Quelle	In: Journal of Economic Education, 41 (2010) 2, S.150-168 (19 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0022-0485
Schlagwörter	Competition; Business; Team Sports; Decision Making; Economics Education; Economic Impact; Teaching Methods; Measurement Techniques; Spreadsheets; Lesson Plans; Simulation; Foreign Countries; Budgeting; Predictive Measurement; Mathematical Models; Belgium; Switzerland + Suchen Sie Ihr Suchwort? Wettkampf; Business studies; Wirtschaft; Betriebswirtschaft; Mannschaftssport; Decision-making; Entscheidungsfindung; Wirtschaftskunde; Ökonomische Determinanten; Teaching method; Lehrmethode; Unterrichtsmethode; Messtechnik; Spread sheet; Spredsheets; Spreadsheet; Tabellenkalkulation; Lesson planning; Unterrichtsplanung; Simulation program; Simulationsprogramm; Ausland; Mathematical model; Mathematisches Modell; Belgien; Schweiz
Abstract	In recent years, there has been some dispute over the appropriate way to model decision making in professional sports leagues. In particular, Szymanski and Kesenne (2004) argue that formulating the decision-making problem in a noncooperative game leads to radically different conclusions about the nature of competition in sports leagues. The author describes a simulation model that can be used in a classroom to demonstrate how competition works in a noncooperative context. More generally, in simulation exercises, students typically gravitate quickly toward the Nash equilibrium, making this a simple and powerful way to introduce them to the concept. The supporting Excel spreadsheet used to conduct the game can be downloaded from the author's personal Web page, http://www.cass.city.ac.uk/faculty/s.szymanski/sports-league-simulation-blank.xls. (Contains 7 tables, 1 figure, and 13 notes.) (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10