Economic Theory explained by Football 22 – The Public Choice Theory

It’s quite probable that when James M Buchanan Jnr created is Public Choice Theory he didn’t expect to win a Nobel Prize.  But that’s what he did.  He probably also didn’t think it would be used to explain why certain players strike up natural partnerships with each other that delivers significant benefits for their club.

Buchanan was almost certainly a fan of the great Rapid Vienna side of the early Eighties who won back to back Austrian Bundesliga titles whilst he was teaching at the Austrian School of Economics.  They won the1982-83 title on goal difference from city rivals Austria Vienna thanks in no part to the goal-scoring partnership of Hans Krankl and Antonín Panenka.  Krankl was a goal-scoring legend for the club, scoring 267 goals in 350 games but he rarely found a striking partner who he worked well with.  Enter Czechoslovakian Panenka in 1981 and the rest is history and he averaged a goal every other game in his four years at the club.

So what’s a Nobel-winning Economic theory got to do with the scoring exploits of Krankl and Panenka?  Good question to ask and one that Buchanan could have taken to his grave if it wasn’t for his study, Buchanan lays out his award-winning theory in a book he co-authored with Gordon Tullock called, “The Calculus of Consent: Logical Foundations of Constitutional Democracy.”

Buchanan brought together insights from political science and economics to explain how public-sector individuals, such as politicians and civil servants make decisions. He showed that, contrary to the conventional wisdom that the public-sector acts in the public’s best interest, unless there is a clear win-win situation.  In footballing terms, players, especially strikers, are inherently selfish, wanting all the glory for themselves.

However, once in a while a club will stumble of a partnership where both players work in unison, understanding that the sum of the two talents is greater than their individual efforts and thus debunking Buchanan’s work.  Shearer and Sutton, Sheringham and Cole, Cottee and McAvennie and now Smith and Okoh for the mighty Rooks have proved that mutual interest is stronger than self-interest.

Since our dynamic duo were paired together against Sittingbourne, they’ve scored six between them, of which five have been laid on by each other.  Last weekend’s opening goal against Godalming Town was a classic example with Jonté Smith holding the ball up and drawing defenders to him before playing Stephen into space behind the defence to slot home.  For us Rooks fans the partnership is getting better game by game although would have had Buchanan tutting into his Apple Strudl.  He would have enjoyed Okoh’s solo effort in Guernsey though where he appeared to take on the whole Guernsey side without a care in the world for the Rooks players (including Jonté himself) in support before curling it home.

So next time you see a player decide he’s going go it alone and ignore his team mates in better positions rest assured it’s not through self-interest but rather conforming to a Nobel-prize winning theory.

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