Stumbling On Wins in Basketball: Two Economists Expose the Pitfalls on the Road to Victory in Professional Sports

Stumbling On Wins in Basketball: Two Economists Expose the Pitfalls on the Road to Victory in Professional Sports

by Martin B. Schmidt, David J. Berri
Released April 2010
Publisher(s): Pearson
ISBN: 9780132120999

Read it now on the O’Reilly learning platform with a 10-day free trial.

O’Reilly members get unlimited access to books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.

Start your free trial

Book description

Like what you've read?  Get more in Stumbling On Wins: Two Economists Expose the Pitfalls on the Road to Victory in Professional Sports (9780132357784) by David J. Berri and Martin B. Schmidt. Available in print and digital formats.

In basketball, spending explains less than 10% of the variation in wins. Discover what explains the other 90%!

In basketball, success takes more than money. From 1997-98 to 2003-04, the Knicks finished either first or second in payroll—and won only six more games than they lost. Their “averageness” led them to hire Isiah Thomas. Few people knew more about basketball. Thomas’s path to disaster began with his first move: sending several players and draft picks to the Suns for players, including Stephon Marbury.

Product information

  • Title: Stumbling On Wins in Basketball: Two Economists Expose the Pitfalls on the Road to Victory in Professional Sports
  • Author(s): Martin B. Schmidt, David J. Berri
  • Release date: April 2010
  • Publisher(s): Pearson
  • ISBN: 9780132120999