Picking the Jamaican Relay Team

In the fourth video in this series, we see how the economic concept that describes why international trade makes everybody better off, can also reveal why Jamaica chose to run the World's fastest sprinter, Usain Bolt, in the third-leg (rather than in the traditional anchor-leg) in their 4×100 metre relay final at the 2008 Beijing Olympic Games. Some material in these videos is based on textbook examples from: Sports Economics (3rd edn.) Selection from Fort, Leeds and von Allmen for Ross Booth (Monash University) and Liam Lenten (La Trobe University). Copyright 2012 La Trobe University, all rights reserved. Contact for permissions.