Friday, June 30, 2006

World Cup Game Theory

"Now the World Cup starts in earnest. The mini-leagues of the group stage are over, and the first knockout match takes place today between Germany and Sweden. Soccer being a famously low-scoring game, such matches often finish in a draw and must be decided by penalty shootouts—a competitive form at which my own team, England, has a particularly harrowing record. Perhaps England's players should study a little more economics."

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