2min chapter

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#011 Eric Jorgenson: Metagames, Feedback Loops and Transcending The Muggle World

Smart Friends

CHAPTER

Is There an Efficient Market in Sports?

There's an efficient market in the meta games, right? You can always go find it, almost by definition. A you see some of this in basketball with like three point shots becoming significantly more important than they have been. Another i've seen some studies in football about how it's actually a higher expected value to go for a two point conversion every time. Coaches should punt weigh less than they do mathematically, but because the penalties and the norms tend to,. ah, you don't not want to take a rash of shit the next morning from the commentators, so they they punt cause it's the safe, kind of agreed upon thing to do.

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