Analysis of Decision Making Process in Moneyball: The Art of Winning an Unfair Game
Billy Beanes’s success in using data-driven decision making in baseball industry is wonderfully written by Michael Lewis in Moneyball. As a general manager in baseball team that were in the bottom position of the league from the financial side to acquire the players, Beane, along with his partner, e...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Bina Nusantara University
2015-03-01
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| Series: | Journal the Winners |
| Subjects: | |
| Online Access: | https://journal.binus.ac.id/index.php/winners/article/view/1555 |
| _version_ | 1819056860119957504 |
|---|---|
| author | Mochamad Sandy Triady Ami Fitri Utami |
| author_facet | Mochamad Sandy Triady Ami Fitri Utami |
| author_sort | Mochamad Sandy Triady |
| collection | DOAJ |
| description | Billy Beanes’s success in using data-driven decision making in baseball industry is wonderfully written by Michael Lewis in Moneyball. As a general manager in baseball team that were in the bottom position of the league from the financial side to acquire the players, Beane, along with his partner, explored the use of data in choosing the team’s player. They figured out how to determine the worth of every player.The process was not smooth, due to the condition of baseball industry that was not common with using advanced statistic in acquiring players. Many teams still use the old paradigm that rely on experts’ judgments, intuition, or experience in decision making process. Moneyball approached that using data-driven decision making gave excellent result for Beane’s team. The team won 20 gamessequently in the 2002 season and also spent the lowest cost per win than other teams.This paper attempts to review the principles of Moneyball – The Art of Winning an Unfair Game as a process of decision making and gives what we can learn from the story in order to win the games, the unfair games. |
| first_indexed | 2024-12-21T13:30:07Z |
| format | Article |
| id | doaj.art-8c0257e77d6e4cdd81e8ed2aaeba277b |
| institution | Directory Open Access Journal |
| issn | 1412-1212 2541-2388 |
| language | English |
| last_indexed | 2024-12-21T13:30:07Z |
| publishDate | 2015-03-01 |
| publisher | Bina Nusantara University |
| record_format | Article |
| series | Journal the Winners |
| spelling | doaj.art-8c0257e77d6e4cdd81e8ed2aaeba277b2022-12-21T19:02:20ZengBina Nusantara UniversityJournal the Winners1412-12122541-23882015-03-01161576310.21512/tw.v16i1.15551298Analysis of Decision Making Process in Moneyball: The Art of Winning an Unfair GameMochamad Sandy Triady0Ami Fitri Utami1BINUS UniversityBINUS UniversityBilly Beanes’s success in using data-driven decision making in baseball industry is wonderfully written by Michael Lewis in Moneyball. As a general manager in baseball team that were in the bottom position of the league from the financial side to acquire the players, Beane, along with his partner, explored the use of data in choosing the team’s player. They figured out how to determine the worth of every player.The process was not smooth, due to the condition of baseball industry that was not common with using advanced statistic in acquiring players. Many teams still use the old paradigm that rely on experts’ judgments, intuition, or experience in decision making process. Moneyball approached that using data-driven decision making gave excellent result for Beane’s team. The team won 20 gamessequently in the 2002 season and also spent the lowest cost per win than other teams.This paper attempts to review the principles of Moneyball – The Art of Winning an Unfair Game as a process of decision making and gives what we can learn from the story in order to win the games, the unfair games.https://journal.binus.ac.id/index.php/winners/article/view/1555decision makingdata managementsport industry |
| spellingShingle | Mochamad Sandy Triady Ami Fitri Utami Analysis of Decision Making Process in Moneyball: The Art of Winning an Unfair Game Journal the Winners decision making data management sport industry |
| title | Analysis of Decision Making Process in Moneyball: The Art of Winning an Unfair Game |
| title_full | Analysis of Decision Making Process in Moneyball: The Art of Winning an Unfair Game |
| title_fullStr | Analysis of Decision Making Process in Moneyball: The Art of Winning an Unfair Game |
| title_full_unstemmed | Analysis of Decision Making Process in Moneyball: The Art of Winning an Unfair Game |
| title_short | Analysis of Decision Making Process in Moneyball: The Art of Winning an Unfair Game |
| title_sort | analysis of decision making process in moneyball the art of winning an unfair game |
| topic | decision making data management sport industry |
| url | https://journal.binus.ac.id/index.php/winners/article/view/1555 |
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