Showing posts with label microeconomics. Show all posts
Showing posts with label microeconomics. Show all posts

Monday, September 20, 2010

Parity in the NFL

One thing everyone likes about NFL football is the parity in the league and the fact that the playoffs are one-and-done (one loss and you can't win the championship).

Look at how things have played out recently in the AFC. In week 1 the Ravens beat the Jets and the Patriots beat the Bengals. Then the Bengals beat the Ravens and the Jets beat the Patriots. In other words, you'd we have Ravens > Jets and Patriots > Bengals, and Jets > Patriots and Bengals > Ravens thus Jets > Patriots > Bengals > Ravens = Jets > Ravens and so on. The fact that a team won in week 1 doesn't say much about who will win in week 2.

A lot is at stake on any given Sunday.