3 ms·
(a) It is a highly stylized example to illustrate game-theoretic concepts. In a sense I am asking the reader to imagine that THE GAME is about the runner gettin
by IncidentalEcon 17y ago
(a) It is a highly stylized example to illustrate game-theoretic concepts. In a sense I am asking the reader to imagine that THE GAME is about the runner getting to second or not holding all else about the game constant. That's not really baseball, but it is a baseball-like situation.
(b) The situation described is both vague (was the probability referenced by the color commentator for this runner? For this team? For this situation?) and specific (a specific runner/pitcher pair, there are zero outs not two).
(c) You are right about the goal of baseball. I had originally written it with the goal being scoring. But then it is a vastly more complex game.
- fburnaby 17y agoA very good article. I'm just getting into games now, and seeing lots of small simplified examples like this is exactly what I need to improve my intuitional understanding.
- IncidentalEcon 17y agoI'll have more on basic game theory, including a post that will explain a relatively painless and fun way to learn the basics. Stay tuned.