The IPL auction has been described as unfair, humiliating, and voyeuristic*. But most critics would still admit that, for the emotionally detached observer, it is flipping entertaining. There are so many factors to unravel that influence prices and teams battle an armada of seductive cognitive biases. For a data lover like myself, it provides a brand-new dataset that indicates how cricket insiders might think
Read MoreSo many thoughts on the latest retention decisions. Unreasonably excited to see what happens next at the auction on January 27/28. Analysing and reacting to the economics and business strategies used in a sports leagues can sometimes be more fun than the action itself!
My aim here is merely to make sense of the retentions that have just happened. For the most part, you can generally see what the teams were thinking. There seem to be three different types of influence on the decisions that each team made: the commercial influences that help teams to make money, the financial influences that help teams to save costs, and the on-filed influences that help teams to win titles
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