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When Scoring an Own-Goal is the Only Way to Win
Manage episode 310362236 series 3053306
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Following a brief introduction to this series, it is demonstrated how a quirky (and not well-thought out) rule in a football tournament could arguably justify an on-pitch strategy that would be deemed unacceptable under normal circumstances. This represents an important economic analogy to the importance of mitigating perverse incentives in public policy.
Some material in these videos is based on textbook examples from: Sports Economics (3rd edn.) Selection from Fort, Leeds and von Allmen for Ross Booth (Monash University) and Liam Lenten (La Trobe University).
Copyright 2012 La Trobe University, all rights reserved. Contact for permissions.
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