An economic analysis of the Black Sox scandal, discussing organized crime, cost-benefits, incentives and present value.
Written in 1993; 1,350 words; 9 sources; $ 47.95
From the Paper:
"ECONOMIC ANALYSIS OF THE "BLACK SOX" SCANDAL
Introduction
This research analyzes in an economic context the throwing of the 1919 World Series by the Chicago White Sox. The 1919 Chicago White Sox were almost universally regarded as major league baseball's most powerful team, and no other team, particularly the National League champion Cincinnati Reds, were accorded much of a chance against the powerful White Sox. These perceptions thus created a situation wherein criminal elements saw a change to profit tremendously if the outcome of a Chicago White Sox loss in the 1919 World Series could be assured.
These criminal elements did find a way to assure such an outcome. That was the bribing of seven key players and one ..."
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