Jerry Brito

Can eBay prices predict Super Bowl winner?

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Mpire, a developer of business applications for eBay entrepreneurs, has put together a neat site that totals up the average selling price of Seahawks and Steelers merchandise on eBay over past 30 days. Seattle has been in the lead for over a week now with their average piece of merchandise currently going for $149.26, while the Steelers are at $100.59. I’m not sure how good a predictor this is since there are so many factors that can influence the price of paraphernalia. Obviously the best market predictor is one in which participants can lose their money, and it looks like bookmakers have the Steelers ahead by a little bit, but it’ll be interesting to see how this pans out.

Bonus Super Bowl economics: “A Chicago outplacement consultancy says Sunday’s Super Bowl will cost U.S. employers $780 million. … For every 10 minutes the 56.7 million employed Super Bowl fans spend at work chatting about the game or surfing the Internet to compare starting line-ups, it would cost employers $155,925,000. … ‘Employers should also count on losing another $156 million in unproductive wages on the Monday following the game, as workers discuss the game, the commercials and the half-time show. They may even see a surge in unplanned absences that day from employees who may have partied a little too hard on Sunday.’”

Jan 30, 2006 | Comments