Moneyball, by Michael Lewis

Tension between subjective data and objective data is a document developed after the introduction of Money Ball. Researchers are keen to explore the usefulness of the concept of moneyball in books. In short, the main idea of ​​this moneyball is that statistical analysis is better predicted than our intuition. However, "Moneyball" provides a "competitive environment" for many topics of interest to management, which shows ongoing discussions in human judgment and decision-making (Brockner & Flynn 2006).

As Michael Lewis, author of Moneyball explained in the new Duo biography, Kahneman and Tversky have simple premises. Humans are not rational decision makers. They focus on the field of economics, but the idea that influences by emotion rather than intellect applies to everything from sports to politics. Luis's book records the rise of Carneman and Tevex and their personal relationship as close friends and similar thoughts. Unfortunately, Teverus died of cancer in 1996 after winning the Nobel Prize in economics in 2002.

In Moneyball, Michael Lewis talked about Billy Bien of Auckland Track and Field Chief, and used military metrology to change A, a data-driven approach to understanding baseball. Bien noticed that the baseball professional did not use the data to predict the performance of the athlete, but relying on erroneous intuition and anecdotes. The commentator actually discussed how effective sabermetrics are effective, but Bean's first insight - we have learned much about baseball by observing - changed the game

In Moneyball, Michael Lewis explains as follows. "Why was someone else in baseball (or basketball, football, hockey, football) unaware of the apparent flaws in the system?" This is a good question. This is because everyone in most industries demands that version. . Just like the baseball professional before the measurement era, the problem is not the lack of intelligence but the lack of tools. Attention provides a number of practical tools based on intellectual psychology. This is just a few examples