Stumbling On Wins: Two Economists Expose the Pitfalls on the Road to Victory in Professional Sports

by David Berri and Martin Schmidt

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Book cover for Stumbling On Wins

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The next quantum leap beyond Moneyball, this book offers powerful new insights into all human decision-making, because if sports teams are getting it wrong this badly, how do you know you're not? Sometimes the decisions that teams make are simply inexplicable. Consider: sports teams have an immense amount of detailed, quantifiable information to draw upon, more than in virtually any other industry. They have powerful incentives for making good decisions. Everyone sees the results of their choices, and the consequences for failure are severe. And yet... they keep making the same mistakes over and over again... systematic mistakes you'd think they'd learn how to avoid. Now, two leading sports economists reveal those mistakes in basketball, baseball, football, and hockey, and explain why sports decision-makers never seem to learn their lessons. You'll learn which statistics are connected to wins, and which aren't, and which statistics can and can't predict the future. Along the way, David Berri and Martin Schmidt show why a quarterback's place in the draft tells you nothing about how he'll perform in the NFL... why basketball decision-makers don't focus on the factors that really correlate with NBA success... why famous coaches don't deliver better results... and much more.

  • ISBN10 013235778X
  • ISBN13 9780132357784
  • Publish Date 8 April 2010 (first published 1 January 2010)
  • Publish Status Out of Print
  • Out of Print 7 July 2014
  • Publish Country US
  • Publisher Pearson Education (US)
  • Imprint Financial TImes Prentice Hall
  • Format Hardcover
  • Pages 256
  • Language English