The Hidden Economy of Winning (Paul Oyer)

In 2011, the smartest owners and players in the NBA burned $580 million in a standoff that defied economic logic. Why? To prove a point about leverage. In today’s briefing, we analyze An Economist Goes to the Game by Stanford professor Paul Oyer. We explore why the "fair" price for your product is mathematically wrong, how "scalpers" actually improve market efficiency, and why Michael Jordan’s greatest asset wasn’t his jump shot—it was his understanding of Game Theory.Enjoyed this? Unlock the full masterclass to master the "Mixed Strategy" of leadership and avoid the "Moneyball Fallacy" in your business.Upgrade to Momentum Premium: [Link]Become a supporter of this podcast: https://www.spreaker.com/podcast/momentum-your-daily-edge-in-leadership--6706012/support.Enjoyed this 5-minute briefing?The full, 20-minute deep dive on this book is waiting for you in our premium feed.Unlock the masterclass to get every key lesson, framework, and actionable insight.🚀 Subscribe to Momentum Premium here!