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The Economists' Voice 2.0The Financial Crisis, Health Care Reform, and More$
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Joseph Stiglitz and Aaron Edlin

Print publication date: 2014

Print ISBN-13: 9780231160155

Published to Columbia Scholarship Online: November 2015

DOI: 10.7312/columbia/9780231160155.001.0001

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PRINTED FROM COLUMBIA SCHOLARSHIP ONLINE (www.columbia.universitypressscholarship.com). (c) Copyright University of Minnesota Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CUPSO for personal use.date: 19 June 2021

The NFL Should Auction Possession in Overtime Games

The NFL Should Auction Possession in Overtime Games

Chapter:
(p.251) Chapter 32 The NFL Should Auction Possession in Overtime Games
Source:
The Economists' Voice 2.0
Author(s):

Yeon-Koo Che

Terrence Hendershott

Publisher:
Columbia University Press
DOI:10.7312/columbia/9780231160155.003.0032

Super Bowl XLIII of 2009 featured one of the closest contests in Super Bowl history. If not for the miraculous catch by Santonio Holmes in the waning seconds, the Steelers might have kicked a game-tying field goal and the Super Bowl would have gone into overtime. In a sense, however, overtimes can ruin great games, because, with all too high probability, whichever team gets the ball first wins. Instead of one of the best, the game might have been remembered as dubious, maybe even ignominious, with many “what ifs.” This chapter proposes an auction method to eliminate the coin flip’s randomness by letting the teams bid to determine the initial possession.

Keywords:   NFL, Super Bowl, football games, overtime, auction, National Foodtball League

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