Below are the L.A. Lakers’ stats from last night’s NBA season opener against the Golden State Warriors. I readily concede that this is a small sample size (one game), but combined with last year’s statistics, maybe it’s Anthony Davis–and not Russell Westbrook–who should be traded? (At the very least, Westbrook is less injury-prone and thus a more reliable overall athlete than AD.) Change my mind!
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Suggestion (Disclaimer: this may be the wrong approach)- Collect the stats of each player’s performances over the course of a couple of games. Then calculate the performance of both players for the Shapley Value (I have heard that this method is sometimes applied to the performance of marketing strategies in business, why not in sports?).
A novel application of Game Theory to sports; I could be completely off base with this suggestion.
I love this idea! (Also, I was proven wrong: Westbrook went 0 for 11 in his second game!)
I was considering starting an applied Shapley Value series on my blog.
Go for it; that is a great idea for a blog!
I think I may have the format down for that one by the end of the year (hopefully).
I can’t wait! In the meantime, I will brush up on this: https://en.m.wikipedia.org/wiki/Shapley_value
I have been studying it on-again-off-again since late July (?) early August. It is the equation that gets me, I aim to practice the computations; I am determined to overcome my mathphobia!!!
I was in the same boat, until I took Yale’s online game theory course Econ 155 with Prof Ben Pollak in the early 2000s
This tells me that there may still be hope for sharpening my math skills. I am actually taking a statistics course for work, the hope is that it might enhance my math skills.
You are on the right track!
Schelling is one of my intellectual heroes; also, thanks for repaying the favor by (re-)introducing me to Bruce Yandle’s work!
No problem. There aren’t too many people that I can discuss the finer points of political economy with.
It is the least I can do.
I appreciate all that I have learned from your blog over the past couple of years.