Economics, Management and Optimization in Sports

Ever since the first Olympic Games in Ancient Greece, sports have become an integral part of human civilization. The last decade has been commemorated by the centennial celebration of the modern Olympic movement. With great anticipation, the Olympics return to Athens, Greece, and we are once again reminded that we live in one of the most exciting periods in the history of sports. Reflecting back on my years of service as the International Olympic Com mittee president, I cannot overlook the remarkable changes that have taken place in the world of sports during these two decades. The technological de velopment and consequent globalization of the world economy opened up a window of new opportunities for the sports industry. As a result, manage ment, economics, and other sciences have become a significant part of modern sports. It is my pleasure to introduce this volume comprising an interesting collec tion of papers dealing with various aspects of management, economics and optimization applied to sports. May this book serve as a valuable source of information to researchers and practitioners as well as to casual readers look ing for a deeper insight into the magnificent world of sports.

Contains cases in major fields in sports such as soccer, football, baseball, cricket and hockey Includes supplementary material: sn.pub/extras

Klappentext

This book presents the up-to-date research developments in economics, management and optimization applied to sports, which would be of interest to researchers and practitioners in sports industry, and could be used as supplementary reading in related courses and seminars. In particular, the volume contains research papers and reviews addressing the following issues: methods for ranking teams and evaluating players' performance; techniques for predicting outcomes of sport competitions; economics for professional leagues; optimal strategies in sports; optimal referee assignment techniques; scheduling and managing sport tournaments. The specific sports discussed in the book include American football, soccer, baseball, cricket, basketball, track and field, and hockey.

Inhalt
Matrix-based Methods for College Football Rankings.- Who's the Best? Data Envelopment Analysis and Ranking Players in the National Football League.- Dynamic Programming and Time Related Strategies in Sports.- Using Statistics to Predict Scores in English Premier League Soccer.- Modelling and Forecasting Match Results in the English Premier League and Football League.- Restructuring the Belgian Professional Football League: A Location-Allocation Solution.- The Best Systems for Appointing Referees.- Fashion Accessory, Social Identity or Tribal Uniform?.- Modeling a Baseball Game to Optimize Pitcher Substitution Strategies Using Dynamic Programming.- Mega Deal? A Relative Performance Analysis for Major League Baseball Players.- Market Inefficiencies in Player Head to Head Betting on the 2003 Cricket World Cup.- Searching for Patterns in Sports Contests.- Track and Field Performance Data and Prediction Models: Promises and Fallacies.- Using Response Surface Models for Evolutionary Estimation of Optimum Running Times.- Solving Sports Scheduling and Timetabling Problems with Constraint Programming.- Collaboration Networks in Sports.- The Holdup System for Grouping Minor Hockey Participants Into Age Divisions.- Promotion and Relegation in Rent Seeking Contests.