Sports economics?

Coaches, choices, and Universities 1. How profitable are the athletic programs of power five conference teams to their universities on average? (5 points) 2. What is the Ashenfelter dip? (5 points) 3. What is the winners curse and how does it impact draft choices? (5 points) 4. Below is the expected runs table from NCAA D1 games in 2011-12. Calculate A. The probability of successfully stealing second base that will increase the expected runs when there are runners on 1 with no outs (20 points) Talking: B. The probability of successfully stealing second base that will increase the expected runs when there are runners on 1 with one out (20 points C. The probability of successfully stealing second base that will increase the expected runs when there are runners on 1 with two outs (20 points) From http://www.boydsworld.com/data/ert.html Outs 0 2 Empty 0.63 0.32 0.12 1st 1.07 0.63 0.26 2nd 1.39 0.82 0.38 1st and 2nd 1.79 1.10 0.52 3rd 1.67 1.14 0.45 1st and 3rd 2.06 1.36 0.61 2nd and 3rd 2.30 1.56 0.68 Loaded 2.69 1.79 0.89