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technique primarily to assess team and/or managerial efficiency. The basis for performance analysis is economic production … theory, where it is assumed that baseball can be viewed as a production process whereby inputs (player quality measures) are … require a priori specification of the production function. The book develops the theory of DEA in the context of a production …
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We empirically explore the relevance of risk taking behavior in tournaments. We make use of data from the NBA season 2007/2008 and measure risk taking by the fraction of three-point shots. Current heterogeneity of teams is taken into account by intermediate results. It turns out that indeed...
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This work uses economic theory, simple probability, statistical concepts and game theory to analyze the economics of …"This work uses economic theory, simple probability, statistical concepts and game theory to analyze the economics of …
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We analyse the effect of overconfidence in a model of team-production with effort complementarities. We show that overconfidence may not only enhance an overconfident agent's effort but also that of a rational one. Focusing the agents' payoffs we see that this increase in effort can be to the...
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