Economics 2182A/B- Midterm Exam Guide - Comprehensive Notes for the exam ( 58 pages long!)
13 Oct 2017
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Berri, brook, frick, fenn, vicente-mayoral: describe how competition changes profit in the case of individual firms and in the case of sports leagues. Comparing the actual standard deviations of winning percentages to the ideal standard deviations of winning percentages: the higher the ratio between the two, the less competitive the league is. The most competitive sport is soccer, and the least competitive sport is basketball: who is stephen jay gould? (look at p. 1030). Nba was the only sport that became less competitive. Nfl, nhl, nl, and al all became more competitive: discuss height in the general us population and in the nba. The average height of a young adult male in the us was between 5" 9 and 5" 10 : from 1994-2004, all but four players in the nba were above this height. The paper uses points scored per minute, and the single index of marginal product.
