Game Theory: Galatasaray
"What economists call game theory psychologists call the theory of social situations, which is an accurate description of what game theory is about. Although game theory is relevant to parlor games such as poker or bridge, most research in game theory focuses on how groups of people interact" (Levine, 2013). Game theory is used in a variety of situations and professions where it is imperative to use razor-sharp strategy and to be adaptable to a given situation, planning for the future. Game theory is important in the task of manipulating situations to achieve specific goals.
Recently, Galatasaray ended their contract with Fatih Terim, to the shock of most people. Many people speculated as to why Galatasaray ended their contract with Terim, seeing as how Galatasaray is the biggest soccer club in Turkey with 19 league championships, fourteen Turkish cups, one UEFA cup and one Super cup -- and the bulk of these successes came with Terim (Galatasaray.org). However, the moves of this soccer club, which seem completely erratic and arbitrary can actually be viewed with the light of lucidity and strategy when one applies the lens of game theory on them.
Galatasray has struggled for the last decade or so to achieve and maintain success: because of this struggle the soccer club went through a wide variety of changes. Just two years ago the former president Adnan Polat was voted off his seat and replaced by Unal Aysal. This new president replaced the current manager with Terim: this new team leader empowered the team to win the league championship. However, the success was not able to last as a result of friction...
Imposing a Tax or Levy to Build a Sport Facility: As previously mentioned, one of the major concerns that have emerged in the recent past is whether or not a community should impose a levy or tax to pay for bonds for a sport facility that would house a major league professional sport team. Historically, many taxation avenues have been used to pay for the development of a new sport facility.
It is important that the sports business would protect its employees, and even help them find work elsewhere. The sports business will also often have number of ties in the community, and these will also need to be unwound. In particular, breaking relationships with charitable organizations is something that will be a challenge for management. However, the business will soon need to move onto the business of liquidating the
Athletic Scholarships Providing scholarships for athletes is one of the best ways to fund athletic programs, because when the athletes are competing for that first scholarship, he or she will be determined to show his or her best athletic abilities to the coaches. One of high schools and colleges highest sources of budget increases is the talent and the physical abilities of the athletes on the athletic teams. However, this is
The classes are designed to move at the speed and skill of each student. Kids on the move Program This would be a program geared more toward the overweight teen between the ages of 13-18. This will help obese teenagers lose weight and become fit. As kids' fitness instructors, their challenge will be to help children develop active, optimistic standard of living. Assimilating awareness and activity will help persuade these children
Sporting Activities or Gender Perspective Annotated Bibliography McKinney, Scott. "Student-Athletes Bring Billions, But What Are They Getting?" Mississippi Business Journal 22.37 (2000): 25. MasterFILE Premier. Web. 20 June This article focuses on college athletes in relation to their contribution in bringing billions. According to the article, college athletes are crucial to the generation of billions within sporting fields through their talents and efforts. This research paper aims to outline benefits of participation in sporting
Consortiums and collaborations Harvard is part of the original Ivy League sporting conference, encompassing Yale, Princeton, Brown, the University of Pennsylvania, Cornell, and Dartmouth. Harvard students are also able, with permission, to take classes at MIT and at Harvard graduate institutions. Harvard offers extensive study abroad options. Intercollegiate athletics Harvard has 41 Division I intercollegiate varsity sports teams for women and men, more than any other Division I college in the country. Harvard
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