EVALUATE WHY BEANE IS MUCH MORE EFFECTIVE

Moneyball, a book by Michael Lewis (2003), highlights how creativity, framing, and robust technical analysis all played a part in the development of a new approach to talent management in baseball. It also exhibited great examples of the biases and psychological pitfalls that plague decision makers.

Review the article €œWhos on First?€ by Thaler & Sunstein (2003) from this modules assigned readings. This article reviews the book Moneyballby Michael Lewis.

Write a critique of the article including the following points:

  • Evaluate why Beane is much more effective in his success by constructing a matrix of pitfalls and heuristics that highlight the differences between Beanes team and other executives.

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