Thesis (Ph. D.)--University of Missouri-Columbia, 2007. / The entire dissertation/thesis text is included in the research.pdf file; the official abstract appears in the short.pdf file (which also appears in the research.pdf); a non-technical general description, or public abstract, appears in the public.pdf file. Title from title screen of research.pdf file (viewed on January 31, 2008) Vita. Includes bibliographical references.

This paper utilizes fantasy football snake drafts to analyze risk tolerance of individuals who are trying to maximize their present and future utility, but are faced with unknown factors and only have limited resources. Fantasy football provides a unique perspective on risk tolerance, different than the commonly researched fields of auctions, financial portfolios, and lotteries. I examine mock draft data from Fantasy Football Calculator as well as rankings data from Fantasy Pros to gauge the amount of risk associated with each draft pick. I find that the more perceived uncertainty that is connected to an individual selection, the more likely the selection will exhibit risk averse characteristics.

Fantasy sports are the latest addition to the sports industry. Fantasy sports (FS) participants compete against one another by using players from the “real” world to create a virtual team. FS simulates the structures of the real sporting world. The most popular FS is football, due to the success of the National Football League (NFL) (World Fantasy Games, 2009). Black males represent a vast majority of the athletes in the NFL and are often bought and sold by white participants who represent a critical mass of FS players. The purpose of this dissertation is to read fantasy football participation and consider the un/conscious commodification, fetishization of black masculinity, which is used for cultural transmission. Using Critical Race Theory (CRT) to analyze interdisciplinary literature enhances the discourse surrounding the intersectionalties of race, gender, sexuality, and sport. Critically reading FS, employing bricolage has made it possible to pragmatically analyze FS. I argue race is central to the acquisition, maintenance, and exposition of power that is paramount in sport, and evidenced within FS. The paradox of allowing the masses of white sport consumers to exercise virtual control over black bodies via FS is that it reveals cultural dogma of racialized masculinity with psychosocial links to fetish.