Beautiful Game Theory: How Soccer Can Help Economics

"Numerous studies conducted in recent years have shown that the economic theory of human behavior may now be applied to many domains that were previously thought to be the purview of sociology, political science, law, and other disciplines. Research has also demonstrated that economics can provide light on a variety of sports-related topics, including soccer. The first book, Beautiful Game Theory, uses soccer to test economic hypotheses and examine cutting-edge human behavior.In this brilliant and entertaining book, Ignacio Palacios-Huerta illuminates economics through the world’s most popular sport. He offers unique and often startling insights into game theory and microeconomics, covering topics such as mixed strategies, discrimination, incentives, and human preferences. He also looks at finance, experimental economics, behavioral economics, and neuroeconomics. Soccer provides rich data sets and environments that shed light on universal economic principles in interesting and useful ways. Essential reading for students, researchers, and sports enthusiasts, Beautiful Game Theory is the first book to show what soccer can do for economics.
Beautiful Game Theory: How Soccer Can Help Economics

“Numerous studies conducted in recent years have shown that the economic theory of human behavior may now be applied to many domains that were previously thought to be the purview of sociology, political science, law, and other disciplines. Research has also demonstrated that economics can provide light on a variety of sports-related topics, including soccer. The first book, Beautiful Game Theory, uses soccer to test economic hypotheses and examine cutting-edge human behavior.

Ignacio Palacios-Huerta brilliantly and entertainingly explains economics using this book’s most well-liked sport in the world. He discusses issues including mixed strategies, discrimination, incentives, and human preferences while providing original and frequently unexpected insights into game theory and microeconomics. He also studies experimental, behavioral, neuroeconomic, and financial economics. Soccer offers a wealth of venues and data sets that illuminate basic economic concepts in enlightening and practical ways.

The first book to demonstrate what soccer can accomplish for economics is Beautiful Game Theory, which is required reading for students, scholars, and sports fans.”

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