Question

In: Economics

MONEYBALL We know its good for the sports economy, but, in your opinion, is it good...

MONEYBALL

We know its good for the sports economy, but, in your opinion, is it good for the game?

Solutions

Expert Solution

MONEYBALL:

Know doubt MONEYBALL is good for the sports economy as we know , Because it covers several topics Economists such as; Constrained maxmization , Market efficiency and statics analysis .The game MONEYBALL seems to be very excellent when you remind about it's story , That teams can be just as successful with low budget by finding innovative ways to beat the market . MONEYBALL offers a snapshot in the life cycle of what economist Joseph Schumpeter called "Creative destruction" , Where innovations replace existing methods with superior and cheaper methods . For example , As the music industry progressed some records to cassette tapes to CDs to MP3s , Makers of vinyl , Magnetic tape , poly carbonet  plastic so there fortunues rise and fall , while society ultimately benefited from access to higher quality and cheaper music . But now-a-days it is a very good game for our smart citizens . This game teach us how to find new ways to gain an edge . Every game is good for all human beings but some game has both positive and negative qualities ; Like that, MONEYBALL is very good and partially bad game .It was an unfair game . It was like the yankees of the field when finding talent .


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