Here’s my favorite new fact about N.C.A.A. basketball: teams that are behind by one point at halftime are actually more likely to win than teams that are one point ahead. This striking finding comes courtesy of a terrific new paper by my Wharton colleagues, Jonah Berger and Devin Pope. Their findings are summarized in this graph, which collects info from 6,572 N.C.A.A. basketball games since 2005:
Originally from the pit at Tradesports(TM) (RIP 2008) ... on trading, risk, economics, politics, policy, sports, culture, entertainment, and whatever else might increase awareness, interest and liquidity of prediction markets
Tuesday, March 17, 2009
March Madness trivia of the day
Justin Wolfers reports:
Labels:
basketball,
prediction
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