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January 16, 2011

Comments

Saloner

Touche.

Now, if only he could better coach defensive organization.

Oh wait! Did I just illustrate the "pig ignorant" principal problem?

or maybe not.......

Luis Enrique

I agree about the ignorance, I'm less sure about the irrationality. Faced with a noisy signal and a short sample and the task of firing / not firing individuals possessing qualities which are not directly observable, what is the optimal decision rule? Might it not be to fire after a run of bad results?

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