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A wealth of research in recent decades has seen the economic approach to human behavior extended over many areas previously considered to belong to sociology, political science, law, and other fields. Research has also shown that economics can provide insight into many aspects of sports, including soccer. Beautiful Game Theory is the first book that uses soccer to test economic theories and document novel human behavior. In this brilliant and entertaining book, Ignacio Palacios-Huerta illuminates economics through the world's most popular sport. He offers unique and often startling insights into game theory and microeconomics, covering topics such as mixed strategies, discrimination, incentives, and human preferences. He also looks at finance, experimental economics, behavioral economics, and neuroeconomics. Soccer provides rich data sets and environments that shed light on universal economic principles in interesting and useful ways. Essential reading for students, researchers, and sports enthusiasts, Beautiful Game Theory is the first book to show what soccer can do for economics.

Mathematics --- SPORTS & RECREATION / Soccer. --- MATHEMATICS / Game Theory. --- BUSINESS & ECONOMICS / Economics / Theory. --- Game theory --- Soccer --- Economics --- Behavioral economics --- Behavioural economics --- Games, Theory of --- Theory of games --- Mathematical models --- Math --- Science --- Game theory. --- Economic aspects. --- Psychological aspects. --- Economics - Psychological aspects --- Soccer - Economic aspects --- Argentina. --- English league soccer. --- John F. Nash Jr. --- behavioral bias. --- behavioral changes. --- brain. --- competition. --- competitive games. --- corruption. --- criminal damage. --- discrimination. --- economics. --- efficient-markets hypothesis. --- emotional response. --- equilibrium concept. --- experimental design. --- experimental economics. --- game theory. --- halftime. --- hooliganism. --- human behavior. --- human preference. --- incentives. --- laboratory experiment. --- microeconomics. --- minimax theorem. --- mixed strategies. --- neuroeconomics. --- neurophysiology. --- penalty kick game. --- penalty kick. --- penalty kicks. --- penalty shoot-out. --- penalty shoot-outs. --- prejudice. --- probability mixtures. --- professional athletes. --- professional soccer players. --- psychological bias. --- psychological pressure. --- referee bias. --- rewards. --- scoring. --- soccer fans. --- soccer games. --- soccer players. --- soccer. --- social forces. --- social pressure. --- sport. --- sports fans. --- sports. --- stock market. --- stock prices. --- taste-based discrimination. --- three-point rule. --- vandalism. --- violence. --- zero-sum experimental games.