Two economists at the International Monetary Fund have just released an interesting paper on the role of luck in cricket and the potential connections to the labor market. They looked at the records of test cricketers who debuted between 1950 and 1985 and found that if a batsman started his career at home, their batting average in the first series was raised 33 percent. (Bowlers had similar amounts of success.)
Read the paper in full. I’m not so sure about the conclusions the authors make about labor markets in general (that is, unconnected to cricket), but I’m fully on board when they talk about luck and cricket. As regular readers know, I’ve long suggested that the value that sets cricket apart is its reliance on fortune and fate.