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Digitopoly

Digitopoly

Competition in the Digital Age

Tag: Analytics

Posted on September 27, 2011

The Dismal Economics of Moneyball

Moneyball is a huge hit, which doesn't happen too often to movies featuring an economics major who's good at statistics.  It tells the true story of how the Oakland A's became a competitive team despite having a payroll less than 1/3 of the Yankees.  They did it by using statistical techniques pioneered by sabermetrician Bill …

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