Baseball and the Curse of Dimensionality

Napoleon once said, “An army marches on its stomach”. Or was that Frederick the Great? I get my 18th century warmongers mixed up. No matter, his meaning was that the quantity and quality of food for one’s troops is of critical importance when fighting a war. In the case of the Lone Economist, the quantityContinue reading “Baseball and the Curse of Dimensionality”

Back to the Red-Zone

My last post was devoted to answering the ultimate baseball question: who was the greatest hitter? I plan to answer similar questions in the future, such as ‘who was the greatest pitcher?’ and so forth. But all of that is a side excursion from our main path, predicting what happens next in a live baseballContinue reading “Back to the Red-Zone”

The Ultimate Baseball Question

How does one assess individual production within a group activity, like manufacturing? There’s overhead and sunk costs, the law of diminishing marginal product and substitutability of labor and capital to contend with. Accountants and economists have struggled with this problem since the invention of money itself. So have baseball statisticians, which brings me to today’sContinue reading “The Ultimate Baseball Question”

The Six Dimensions of Baseball

In a previous post, I stated that goal-line sports, like football and soccer, are basically one-dimensional. The closer the ball is to the goal, the greater the chance of scoring. If I calculated the probability of scoring as a function of distance to the goal, I imagine it would look something like this: I believeContinue reading “The Six Dimensions of Baseball”