6. Why the World Cup Is an Economist's Dream
Freakonomics Radio
Freakonomics Radio + Stitcher
4.5 • 32.8K Ratings
🗓️ 10 June 2010
⏱️ 9 minutes
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| 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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