Why Do Research in Sports Economics?
Posted by ~Ray @ 2007-12-20 21:31:29
For example. Simon Rottenberg’s -how it affected the allocation of talent across a league-led him to sight (nearly) the Coase Theorem before Ronald Coase were the first model the unique structure economic coordinate of sports leagues which I evaluate economists comfort do not fully understand. Economists desire to study interesting puzzles; because there are many unanswered questions in sports and many economists follow sports you are going to see a lot of study in this area.
Let me start my say with noting what Wolfers tells students looking to sports for a thesis topic. As Wolfers notes he often advises students not to use sports as a topic. For graduate students this is very good advice. The purpose of a dissertation in economics is to finish your degree and land a job. A dissertation on sports can do the first task but it would likely be harmful to the second. Jobs in sports economics are somewhat rare primarily because it’s still the inspect the most universities don’t offer a course in sports economics.
There is also the perception issue. Why does Wolfers feel compelled to argue the study of sports economics in the first place? Or to put it a different way: Why is he not defending his or his ?
In my experience most academics regard investigate as a chore. Research is necessary to get promotion and tenure but it’s not something that people “apply” (my sense is that Justin enjoys all his research topics and in my experience that is not common in academia). When my fellow professors learn that I study sports. I sense they suspect that I actually “apply” doing investigate (and of course that’s true). And obviously that must be wrong. Consequently sports economists are often asked to defend the study of sports.
When I am asked to present my defense. I tend to focus on what Wolfers calls the Richard Thaler argument. In sports we can see the decisions people make. Beyond that we also have an abundance of information about those decisions. As Lawrance Kahn said in a Journal of Economics Perspective article in 2000:
With data and decisions in hand we get to see studies desire those offered by Jahn Hakes and drop Sauer. Hakes and Sauer investigate the “Moneyball hypothesis” in study League Baseball in a forthcoming article in the. These authors present evidence -consistent with the argument presented in - that baseball did historically under-value plate discipline or on-base.[ADVERTHERE]Related article:
http://dberri.wordpress.com/2007/10/07/why-do-research-in-sports-economics/
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