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The production process in basketball: Empirical evidence from Spanish league

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  • José M. Sánchez Santos

    ()
    (Department of Applied Economics, University of A Coruña)

  • Pablo Castellanos García
  • Jesus A. Dopico Castro
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    Abstract

    The main objective of this paper is to provide an empirical assessment of the production process in a basketball team. We estimate a logit model in which the output produced by a team is the game outcome (win or loss) and the inputs are those play characteristics that impact on that outcome. From the results obtained it is clear that, on average, there is a substantial difference between the impact of each play characteristic on a basketball team’s winning probability and that probability varies as the quality/quantity of the inputs used changes, albeit not proportionally.

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    File URL: http://college.holycross.edu/RePEc/spe/Santos_Basketball.pdf
    File Function: Paper presented at the Joint Annual Meeting 2006 of the International and German-Speaking Associations of Sports Economists (IASE and AK), May 4-6, 2006
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    Bibliographic Info

    Paper provided by International Association of Sports Economists & North American Association of Sports Economists in its series Working Papers with number 0611.

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    Length: 26 pages
    Date of creation: Jul 2006
    Date of revision:
    Handle: RePEc:spe:wpaper:0611

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    Web page: http://www.kennesaw.edu/naase
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    Related research

    Keywords: sports economics; team sport; professional basketball; productive process; logit model;

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    1. Scully, Gerald W, 1974. "Pay and Performance in Major League Baseball," American Economic Review, American Economic Association, vol. 64(6), pages 915-30, December.
    2. Grier, Kevin B & Tollison, Robert D, 1990. "Arbitrage in a Basketball Economy," Kyklos, Wiley Blackwell, vol. 43(4), pages 611-24.
    3. David J. Berri, 1999. "Who is 'most valuable'? Measuring the player's production of wins in the National Basketball Association," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 20(8), pages 411-427.
    4. Berri, David J. & Schmidt, Martin B., 2002. "Instrumental versus bounded rationality: a comparison of Major League Baseball and the National Basketball Association," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 31(3), pages 191-214.
    5. Stefan Szymanski, 2003. "The Economic Design of Sporting Contests," Journal of Economic Literature, American Economic Association, vol. 41(4), pages 1137-1187, December.
    6. Hofler, Richard A. & Payne, James E., 1997. "Measuring efficiency in the National Basketball Association1," Economics Letters, Elsevier, vol. 55(2), pages 293-299, August.
    7. Scott E. Atkinson & Linda R. Stanley & John Tschirhart, 1988. "Revenue Sharing as an Incentive in an Agency Problem: An example from the National Football League," RAND Journal of Economics, The RAND Corporation, vol. 19(1), pages 27-43, Spring.
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