Daily Bulletin

Men's Weekly

.

  • Written by Jenni Henderson, Editor, Business and Economy, The Conversation
image

Rather than just admiring a good hit or delivery, there’s another way to analyse what’s happening on a cricket pitch. Cricket players are actually business people, in the sense that they’re weighing up how many resources they have, whether it’s wickets in hand or overs remaining, says Steven Stern, a professor of data science at Bond University.

Stern is responsible for the Duckworth-Lewis-Stern method, which is used to calculate the score, and even who wins, when rain interrupts play. He crunches the numbers on games that have been played since the 1990s, and uses the resources remaining to decide what the score should be.

It’s all about risk and reward, says Stern, and the cost benefit analysis carried out by teams and players.

Technology is also changing the business of cricket. On the one hand it provides a useful tool for players to measure how well they are doing, but it can be a double edged sword, this same data can be used in performance indicators.

Sandra Peter and Kai Riemer from the University of Sydney point to the example of the International Cricket Council which is using sensors on cricket bats. These can help to develop the skills of players in training but it can also be used to gather data on player performance, to decide what they get paid.

Pay is the reason cricketers are currently in a stand-off with their governing body Cricket Australia. The cricketers argue that more needs to be spent at the lower levels of the sport.

Judging by what has happened in other sports like rugby league, if money is not spent on the administration and supporting the lower levels, it starts to shows as cracks in the national level of the sport, says Stephen Frawley from UTS.

Authors: Jenni Henderson, Editor, Business and Economy, The Conversation

Read more http://theconversation.com/business-briefing-following-the-money-in-cricket-79832

Business News

Finding Reliable Equipment Hire for Your Construction Projects

Construction projects are a heavy reliance on getting the right equipment to the right place, at the right time. Whether you're breaking ground, moving earth, paving roads, or just building, heavy m...

Daily Bulletin - avatar Daily Bulletin

Townsville Woman’s Solution for Evacuations – Hit the Road

Angela lives in Townsville’s Railway Estate with her two beloved labradors. Railway Estate is just one Townsville area hit so regularly by flooding that residents have all but given up. After the 2019...

Daily Bulletin - avatar Daily Bulletin

Tuning Strategies for Modern Trucks: Putting SCT X4 Performance to the Test

The Case for Aftermarket Tuning in Modern Trucks Factory programmers aren't trying to thrill you. They’re chasing emissions compliance, warranty safety nets, and broad market compatibility. That co...

Daily Bulletin - avatar Daily Bulletin

Speed Dating For Business