Beautiful Game Theory, Beautiful Economics
Ignacio Palacios-Huerta |
TEDxUDeusto
• March 2017
How to test economic theories and document novel human behavior? How to gain deep insights into sports? The economic approach to human behavior extends over many areas previously considered to other fields, including many aspects of sports.
In this talk, Ignacio Palacios-Huerta shows that understanding economic ideas gives unique perspectives into the world's most popular sport. It also shows that, in turn, soccer offers often startling insights into game theory and economics by shedding light on universal principles in important, interesting and useful ways.