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Money Predicted Spain as Football World Champion

Author

Listed:
  • Jürgen Gerhards
  • Gert G. Wagner

Abstract

Historically, football experts' predictions were the only method of predicting the outcomes of championships. Former players, coaches, and nearly all fans have tried their hand at it. And most of these predictions were wrong, since subjective desires and prevailing public opinions always played a major role. In the meantime, however, reliable methods are being used to make scientific predictions. And the methods utilized are becoming more and more complex.

Suggested Citation

  • Jürgen Gerhards & Gert G. Wagner, 2010. "Money Predicted Spain as Football World Champion," Weekly Report, DIW Berlin, German Institute for Economic Research, vol. 6(25), pages 193-198.
    • Handle: RePEc:diw:diwwrp:wr6-25
    as

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    File URL: https://www.diw.de/documents/publikationen/73/diw_01.c.359324.de/diw_wr_2010-25.pdf
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    More about this item

    Keywords

    forecasting; forecasting methods; efficiency; FIFA World Cup 2010;
    All these keywords.

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • Z19 - Other Special Topics - - Cultural Economics - - - Other

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