ECONOMICS OF SPORTS

**ARTICLES ARE UNDER REFERENCES

Your report should include a brief introduction and a conclusion. Your introduction should include a concise preview of your report’s topics as well as a short thesis statement. Your conclusion should also review all the major elements of your report.

Answer each of the questions below in separate paragraphs as the body of the report. Number your paragraphs to be perfectly clear where one answer ends and another begins.

Read Walker and Wooders article Minimax Play at Wimbledon. Based on this article:
1. What is the observable result that should be seen if tennis players were playing the mixed strategy correctly? Explain your reasoning.
2. What percentage of the time was behavior statistically different from that observable result [Table 1]?

Read Kovash and Levitts article Professionals Do Not Play Minimax: Evidence from Major League Baseball and the National Football League. Based on this article:
3. What are the two mistakes that it seems that MLB pitchers made with regards to optimally mixing pitches? Explain.
4. What was the primary mistake NFL play-callers made with regards to optimally mixing running and pass plays? Explain.

References
Walker, M. and J. Wooders. 2001. Minimax Play at Wimbledon. The American Economic Review 91.5: 1521-1538. Retrieved from http://www.u.arizona.edu/~mwalker/wimbldn.pdf.
Kovash, K. and S. Levitt. 2009. Professionals Do Not Play Minimax: Evidence from Major League Baseball and the National Football League. NBER Working Paper Series. Working Paper 15347. Retrieved from https://www.nber.org/papers/w15347.

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