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Coase, the Rules of the Game, and the Costs of Perfection (with Daisy Christodoulou)

EconTalk

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Players, Self-Policing, and the Clash of Tradition and Technology in Sports

This chapter explores the complexities of rule enforcement in sports, examining how players can contest decisions and the informal systems that arise in settings like playground basketball. It contrasts traditional self-policing methods with modern officiating practices, particularly the impact of technology on maintaining fairness in competition.

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