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The New Landscape of the NBA: The 2011 Collective Bargaining Agreement’s Impact on Competitive Balance and Players’ Salaries

By Nicholas Yam The National Basketball Association (NBA) passed a new Collective Bargaining Agreement (CBA) in 2011 that introduced many changes to the structure of the league. The purpose of those changes was to improve competitive balance among the league, allowing smaller market teams to better compete with larger market teams. Many of the changes […]

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Mixed Strategy Equilibrium in Tennis Serves

by Joel Wiles Abstract  A mixed strategy is a random choice among available strategies, with each strategy being chosen a set percentage of the time. In many games that require unpredictable play, game theory predicts that a mixed strategy equilibrium, a situation where each player uses an optimal mixed strategy, will result. Economists have tested […]

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