Tuesday, September 25, 2012

Steve Young and Economics

Steve Young stated that the NFL has "inelastic" demand.  How right he is, as we just saw in the paper on Inelastic Ticket Pricing in the NFL.

Here is the video:

Monday, September 24, 2012

2012 NCAA FBS Week 4

Florida State remains the top ranked team, with Alabama and Texas Tech at #2 and #3 respectively.

Rank Team
1 Florida State
2 Alabama
3 Texas Tech
5 Georgia
6 South Carolina
7 Oregon
8 Arizona State
10 Kansas State
11 Mississippi State
12 Nebraska
13 West Virginia
14 Ohio State
15 Georgia Tech
16 Texas A&M
17 Oklahoma State
18 Notre Dame
19 Ohio
21 Florida
22 Texas
23 Purdue
24 Fresno State
25 North Carolina

2012 NCAA FBS Top 25 for Week #3
2012 NCAA FBS Top 25 for Week #2

Saturday, September 22, 2012

Vince Young

Not the normal post this morning.  I just read that Vince Young is declaring bankruptcy after earning $26 million over six years, and now there are some details of excessive spending.  As someone who has spent my life teaching young adults, this makes me sad for Mr. Young.

Monday, September 17, 2012

2012 NCAA FBS Top 25 for Week 3

Here is the ranking of the top 25 NCAA Football Bowl Subdivision (FBS) teams as of the end of week #3 (September 15, 2012).

Rank Team
1 Florida State
2 Texas Tech
3 Oklahoma State
4 Alabama
6 Kansas State
7 Georgia Tech
8 Texas
9 Fresno State
10 West Virginia
11 Mississippi State
12 TCU
13 Arizona
14 South Carolina
15 Arizona State
16 Oregon
17 Georgia
18 Iowa State
20 Notre Dame
21 Clemson
22 Stanford
23 Oklahoma
24 Baylor
25 Ohio State

2012 NCAA FBS Top 25 for Week #2

Friday, September 14, 2012

NHL and Competitive Balance

With the National Hockey League (NHL) a little over 24 hours from locking out their employees for the next season, and given that the NHL commissioner has stated that "[w]e've had seven years of incredible competitive balance", I thought that I would look at this statement.  Since the cancelled 2004-05 NHL season, here is the Noll-Scully measure of competitive balance using the binomial and trinomial distribution for both a sample and the population.

Binomial Distribution

Season Sample
2005-06 1.637
2006-07 1.600
2007-08 1.037
2008-09 1.369
2009-10 1.274
2010-11 1.308
2011-12 1.154
Trinomial Distribution

Season Sample
2005-06 1.993
2006-07 1.947
2007-08 1.258
2008-09 1.667
2009-10 1.562
2010-11 1.601
2011-12 1.415

Recently the NHL has been more competitive, thus supporting the NHL commissioner's statement.

Wednesday, September 12, 2012

NCAA Automatic Qualifier Conclusions

At the end of last month I blogged about the NCAA's criteria for a 7th automatic qualifying conference.  Using the NCAA's criteria (which I state here), I then calculated each conference rank for those three criteria.  For a conference to automatically qualify for a BCS bowl game, they would have to finish in the top 6 of the first two criteria and be within 50% of the top conference for the third criteria.  Here are the blogs about criteria #1 (with the final conference ranking), criteria #2 (with the final conference ranking) and criteria #3 (with the final conference ranking and values).

Let's see how the Mountain West Conference fared:  For the first criteria the Mountain West finished #4, but finished #7 for the second criteria and finished above 50% of the first conference (SEC) for the third criteria.  So, the Mountain West finished one spot short to become an automatic qualifier.

The NCAA also allowed a conference to petition an exception to the Presidential Oversight Committee if a conference finished in the top 7 in the first two criteria and the top 5 in the other of the first two criteria (which the Mountain West Conference achieved) and was within 33.3% of the SEC in the third criteria, which the Mountain West Conference achieved.  The Mountain West Conference petitioned for an exemption to the Presidential Oversight Committee and was refused.

But here's the rub:  while the Mountain West Conference does not meet the criteria for a seventh automatic qualifying conference, NEITHER does the ACC or the Big East which both are automatic qualifiers.

For the Big East conference, according to my calculations, they do not meet criteria #1 or #3, nor do they meet the criteria for the exemption that the Mountain West Conference DOES meet!

For the Atlantic Coast Conference (ACC), they fail to meet criteria #3, but do meet the exemption criteria.

So the ACC and Big East remain BCS automatic qualifiers, but are no better (ACC) or worse (Big East) than the Mountain West Conference.

Monday, September 10, 2012

2012 NCAA FBS Top 25 for Week 2

As I have done before, I will be ranking the top 25 NCAA Football Bowl Subdivision teams for each week during the NCAA season.  Now that I have the data and each of the 124 football bowl subdivision teams have played at least one game, I can now run the complex invasion NCAA FBS production model to rank the teams.

Here is the top 25 ranking ending Sept. 8th 2012.

Rank Team
1 Florida State
2 Texas Tech
3 Mississippi State
4 Arizona State
5 Kansas State
6 Tennessee
7 Oklahoma
9 Alabama
10 Oklahoma State
11 USC
12 LSU
13 Ohio
14 BYU
15 South Florida
17 Louisville
18 Georgia Tech
19 Ohio State
20 Minnesota
21 Mississippi
22 Notre Dame
23 North Carolina
24 Baylor
25 Utah State