A Baseball Decision Problem

Jack Brimberg - jack.brimberg@rmc.ca
Bill Hurley - hurley_w@rmc.ca
Department of Business Administration, Royal Military College of
Canada, Kingston, Ontario, Canada

Abstract

This paper presents a Kahneman-Tversky type probability example in a baseball context with a counter-intuitive best strategy. The problem is ideally suited for classroom discussion in an introductory course on probability or managerialdecision-making.

Download the PDF
10.1287/ited.5.1.100

Citation Information
Brimburg, J. Hurley, B. 2004. A Baseball Decision Problem. INFORMS Trans. Ed. 5(1) 100-103. Available online at http://ite.pubs.informs.org/.

DOI: 10.1287/ited.5.1.100