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Freakonomics Radio

6. Why the World Cup Is an Economist's Dream

Freakonomics Radio

Freakonomics Radio + Stitcher

Documentary, Society & Culture

4.532.8K Ratings

🗓️ 10 June 2010

⏱️ 9 minutes

🧾️ Download transcript

Summary

Steve Levitt talks about why the center cannot hold in penalty kicks, why a running track hurts home-field advantage, and why the World Cup is an economist's dream.

Transcript

Click on a timestamp to play from that location

0:00.0

This is Freakonomics Radio. Here's your host, Stephen Dupner.

0:14.2

So Steve Levit, it is World Cup time, World Cup soccer every four years, this year in

0:19.5

South Africa. What can the World Cup teach us about economics or even about human behavior?

0:27.0

So I think there's a lot to learn from soccer, maybe surprisingly, about economics and human

0:33.2

behavior. Now one of the most interesting studies that's been done looked at the home-field

0:38.0

advantage. And in soccer as in almost every sport, there's an enormous home-field advantage.

0:44.2

And it's puzzling, why is it across all these different sports that the team at home

0:49.4

always does better? Is it have to do with sleeping in your own bed? Is it the referees?

0:54.4

Is it knowing the quirks of your own field or your own court? Well in soccer, there's

1:00.0

a little hint as to what the source of the advantages. And that comes from two different

1:05.3

kinds of stadiums. Some soccer fields are built in stadiums that are expressly meant for

1:09.6

soccer. And in those stadiums, the people tend to be very close to the field. There are

1:14.1

other soccer stadiums which are also used for other things, for instance, for track and

1:17.6

field events. In that case, there's a big track that circles around the field. And

1:22.1

in the study, they were able to divide teams into two groups, one of which had a much bigger

1:26.4

home-field advantage than the other. The only difference that they could discern between

1:31.4

these two groups was something small and insignificant that you never would really associate

1:36.0

with home-field advantage, but turned out indeed to be quite important. In the one group

1:39.2

that had the big home-field advantage, they played in stadiums that were built exclusively

1:45.0

for soccer. The other set of teams, which had a much smaller home-field advantage, they

1:48.8

played in stadiums that were multi-use. Not only was it used for soccer, but they would

1:53.3

have a track there where they held track and field events.

...

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