Front cover image for Stumbling on wins two economists expose the pitfalls on the road to victory in professional sports

Stumbling on wins two economists expose the pitfalls on the road to victory in professional sports

Print Book, English, 2010
Financial Times Prentice Hall, Upper Saddle River, 2010
IX, 237 S.
9780132357784, 013235778X
1074765745
Acknowledgments . . . xiAbout the Authors . . . xiiiPreface . . . xvChapter 1: Maybe the Fans Are Right . . . 1Sporting Rationality. . . 3Crunchers, “Experts,” and the Wrath of Randomness . . . 5A Century of Mistakes in Baseball . . . 7Chapter 2: Defending Isiah . . . 13Isiah Thomas Illustrates How Money Can’t Buy You Love . . . 14Getting Paid in the NBA. . . 20Coaching Contradictions. . . 23Isiah’s Defense. . . 28Chapter 3: The Search for Useful Stats . . . 33Identifying the Most “Useful” Numbers . . . 33The Most Important Position in Team Sports? . . . 39Assigning Wins and Losses . . . 47Chapter 4: Football in Black and White . . . 49A Brief History of the Black Quarterback . . . 50Performance in Black and White . . . 55Quarterback Pay in Black and White . . . 63Chapter 5: Finding the Face of the Franchise . . . 67Birth of the Draft . . . 68The Problem with Picking First . . . 69How to Get Picked First? . . . 78Back to Kostka. . . . 80Chapter 6: The Pareto Principle and Drafting Mistakes . . . 83The Pareto Principle and Losing to Win . . . 83The NBA Draft and NBA Performance. . . 93Catching a Baseball Draft . . . 100Chapter 7: Inefficient on the Field . . . 103Just Go For It! . . . 106Evaluating the Little Man in Football . . . 113The Hot Hand and Coaching Contradictions . . . 115Chapter 8: Is It the Teacher or the Students? . . . 119The Wealth of Coaching . . . 120“Take Your’n and Beat His’n” . . . 122Deck Chairs? . . . 125Growing Older and Diminishing Returns . . . 126Putting the Picture Together . . . 132Chapter 9: Painting a Bigger Picture . . . 135Appendix A: Measuring Wins Produced in the NBA . . . 141A Very Brief Introduction to Regression Analysis . . . 141Modeling Wins in the NBA . . . 143Calculating Wins Produced in the NBA. . . 148Win Score and PAWS48 . . . 154A Comment on Alternatives . . . 156Three Objections to Wins Produced for the NBA . . . 158Appendix B: Measuring Wins Produced in the NFL . . . 161Endnotes . . . 173Chapter 1 . . . 173Chapter 2 . . . 176Chapter 3 . . . 181Chapter 4 . . . 186Chapter 5 . . . 189Chapter 6 . . . 194Chapter 7 . . . 198Chapter 8 . . . 202Chapter 9 . . . 207References . . . 209Books and Articles . . . 209Web Sites . . . 222Index . . . 225