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Chapter Overview
Chapter 1: AudiobookHub Recommendation
Chapter 2: The minimax theorem explains and predicts how players behave and which strategies they use.
Chapter 3: Penalty kicks validate Neumann’s minimax theorem.
Chapter 4: A penalty shoot-out blends economics and psychology in a real-world context.
Chapter 5: Psychological pressure advantages the team that kicks first in penalty shoot-outs.
Chapter 6: Social pressure on the referee determines the amount of injury time appended at the end of the game.
Chapter 7: Individuals will predictably manage their fear in routine situations, according to their personal costs and benefits.
Chapter 8: Hooliganism affects fans unevenly, making it more difficult to explain with statistics.
Description
Beautiful Game Theory (2014) shows us how applicable economics is to our daily lives by looking at the fascinating world of professional soccer. By examining compelling statistics and studies on shoot-outs, referee calls, and ticket sales, Beautiful Game Theory offers some interesting insights into the psychology of behavioral economics.
Who Should Listen
- Soccer fans all over the world
- Anyone who is interested in economics
- Anyone who has ever felt like the referee was biased against his or her team