The Economics of Sports

Grab Bag: Munger and Roberts on Recycling, Peak Oil and Steroids

September 24, 2007, Featuring Mike Munger

Michael MungerMike Munger, of Duke University, and EconTalk host Russ Roberts clean up some loose ends from their previous conversation on recycling, move on to talk about the idea of buying local to reduce one's carbon footprint and then talk about the idea of peak oil. They close the conversation with the Rick Ankiel story and the implications for the Barry Bonds saga.

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Time: 1:05:19
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Ticket Prices and Scalping

July 16, 2007, Featuring Russ Roberts

EconTalk host Russ Roberts talks about scalping and visits AT&T Park hours before Major League Baseball's All-Star Game to talk with a scalper, a merchandiser, a fan, and the police about prices, tickets, baseball and the law.

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Time: 40:29
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Posted by Russ Roberts. Permanent Link | Comments (17)


Michael Lewis on the Hidden Economics of Baseball and Football

January 29, 2007, Featuring Michael Lewis

Michael Lewis talks about the economics of sports--the financial and decision-making side of baseball and football--using the insights from his bestselling books on baseball and football: Moneyball and The Blind Side. Along the way he discusses the implications of Moneyball for the movie business and other industries, the peculiar ways that Moneyball influenced the strategies of baseball teams, the corruption of college football, and the challenge and tragedy of kids who live on the streets with little education or prospects for success.

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Time: 1:15:56
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The Economics of Moneyball

October 23, 2006, Featuring Skip Sauer

Skip Sauer of Clemson University and EconTalk's Russ Roberts discuss the economics of Michael Lewis's Moneyball. Michael Lewis claims that the Oakland Athletics [A's] found an undervalued asset--the ability of a baseball player to draw a walk--and used that insight to succeed while spending less money than their rivals. Is it true? Drawing on Sauer's research, Sauer and Roberts try and answer the question and lots of others along the way. How competitive is the baseball industry? Why do some baseball skills get more attention than others? How important is defensive ability? Along the way you'll learn why Kevin Youkilis is a better lead-off hitter than you think and some of the peculiar incentives facing baseball teams and owners.

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Time: 1:01.15
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Posted by Russ Roberts. Permanent Link | Comments (2)


The Economics of Sports

April 18, 2006, Featuring Skip Sauer

Skip Sauer of Clemson University and Russ Roberts talk about the economic impact of sports stadiums, how to create incentives in baseball, football and soccer, and the virtues and failings of socialism in sports.

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Time: 39.4
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Ticket Scalping and Opportunity Cost

April 10, 2006, Featuring Mike Munger

Michael MungerMichael Munger of Duke University and Russ Roberts talk about the economics of ticket scalping, examining our reactions to free and found goods, gifts, e-Bay, value in use vs. value in exchange, and opportunity costs.

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Time: 29:45
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