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Explore the risky behavior and high-stakes world of professional athletes through a real-life case of a wealthy young Indian pitcher robbed in Cleveland. The intersection of wealth, fame, and risk-taking behavior is investigated in this compelling narrative. The incident raises questions about the choices and risks faced by individuals in high-profile careers. Delve into the complexities of risk-taking in the sports world.
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Who Robbed C. C. Lectures in Microeconomics-Charles W. Upton
The Facts • Wealthy young Indians Pitcher. Who Robbed C. C
The Facts • Wealthy young Indians Pitcher. • In 2002, went to downtown Cleveland hotel late at night and was robbed of $40,000 in cash and jewelry. Who Robbed C. C
The Facts • Wealthy young Indians Pitcher. • In 2002, went to downtown Cleveland hotel late at night and was robbed of $40,000 in cash and jewelry. • Two former college basketball players pled guilty. Who Robbed C. C
More Facts • Risky behavior is common among professional athletes. Who Robbed C. C
More Facts • Risky behavior is common among professional athletes. • Some argue that they are simply young and foolish and too wealthy. Who Robbed C. C
More Facts • Risky behavior is common among professional athletes. • Some argue that they are simply young and foolish and too wealthy. • Another model: they are risk takers. Who Robbed C. C
Risk Taking • Going into professional athletics is risky. • High payoffs • Long odds • Opportunity cost of time Who Robbed C. C
Risk Taking • Going into professional athletics is risky. • Perfect occupation for someone who is a risk taker. Who Robbed C. C
Risk Taking • Going into professional athletics is risky. • Perfect occupation for someone who is a risk taker. Who Robbed C. C
And in passing… • Robbery is also a high risk profession, appealing to risk takers. • Recall who robbed him. Who Robbed C. C
End ©2003 Charles W. Upton Who Robbed C. C