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Is Steph Curry cheap and how random is random?

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Manage episode 182533522 series 1301260
Content provided by BBC and BBC Radio 4. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BBC and BBC Radio 4 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Are top basketball players underpaid?

The American basketballer Stephen Curry has just signed the biggest contract in NBA history. The new deal will pay him $200 million over 5 years but amazingly, according to fellow superstar player Lebron James, he’s probably being underpaid. It may sound ridiculous but economists agree. How can this be true? We look at the economics of superstar sports salaries.

The mystery of Ryanair’s seat allocation

Ryanair carries more international passengers a year than any other airline. The European budget carrier is renowned for its low cost seats. If you want to guarantee seating next to people you book with, you have to pay extra. Otherwise, Ryanair says it will allocate seats randomly. We speak to statistician Dr Jennifer Rogers from the University of Oxford about her doubts over the ‘random’ nature of the seat allocation.

Presenter: Charlotte McDonald Producer: Charlotte McDonald and Richard Vadon

  continue reading

943 episodes

Artwork
iconShare
 
Manage episode 182533522 series 1301260
Content provided by BBC and BBC Radio 4. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BBC and BBC Radio 4 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Are top basketball players underpaid?

The American basketballer Stephen Curry has just signed the biggest contract in NBA history. The new deal will pay him $200 million over 5 years but amazingly, according to fellow superstar player Lebron James, he’s probably being underpaid. It may sound ridiculous but economists agree. How can this be true? We look at the economics of superstar sports salaries.

The mystery of Ryanair’s seat allocation

Ryanair carries more international passengers a year than any other airline. The European budget carrier is renowned for its low cost seats. If you want to guarantee seating next to people you book with, you have to pay extra. Otherwise, Ryanair says it will allocate seats randomly. We speak to statistician Dr Jennifer Rogers from the University of Oxford about her doubts over the ‘random’ nature of the seat allocation.

Presenter: Charlotte McDonald Producer: Charlotte McDonald and Richard Vadon

  continue reading

943 episodes

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