Turnitin Originality Report HeinekenJ_M1_A3.docx by Jesse Heineken From M1: Assignment 3 (Management Decision Models | B6025-P R03) Processed on 13-Jun-2013 9:15 AM HSTID: 336286572Word Count: 888   Similarity Index 39% Similarity by Source Internet Sources:0%Publications:37%Student Papers:39% sources: 1 15% match (publications)Thaler, Richard H. Sunstein, Cass R.. "Moneyball: The Art of Winning an Unfair Game.(Book Review)", Michigan Law Review, May 2004 Issue 2 13% match (student papers from 21-May-2012)Submitted to EDMC on 2012-05-21 3 6% match (student papers from 14-Mar-2012)Submitted to EDMC on 2012-03-14 4 3% match (student papers from 20-May-2012)Submitted to EDMC on 2012-05-20 5 2% match (student papers from 20-May-2012)Submitted to EDMC on 2012-05-20 paper text: Running Head: MONEYBALL Saber-metric Based Player Moneyball Jesse Heineken Instructor: Jeff Ritter Management Decision Models 06/13/2013 Beane was able to pull this off by largely ignoring and resisting 1baseball’s conventional wisdom, differently referred in baseball lingo as the book. ‘’The book states that you should act in this situation’’ It means that numerous chapters of this book are simply wrong. The most significance concept that 3Beane was able to utilize, was in player evaluation. Here he tried to think ‘’scientifically’’ how much a player was likely to donate to his team chances. He depended on objective evidence, clearly ignoring anything that could be discharged as subjective. Beane established that, as a statistical regularity, players drawn from high school are less likely to prosper compared to players drawn from college. Therefore, he sketched no high school players, notwithstanding how highly they were sold. 4He hired a youthful known as Paul DePodesta, a Harvard economics graduate, who depended on his computer to project player’s accomplishments. Without ever seeing a player swing a bat (Lewis, 2003). Beane’s Effectiveness Beane was effective in his success because he defied the conventional wisdom, which enhanced him to find methods to do things much better than they are presently done. Needing to make sure 5that statistical analyses were made and made right, Beane employed DePodesta to research player performance with the help of a computer.2Beane ends up looking and acquiring young players that other teams simply ignore. These were individuals were l ...

1. Turnitin Originality Report
HeinekenJ_M1_A3.docx
by Jesse Heineken
From M1: Assignment 3 (Management Decision
Models | B6025-P R03)
Processed on 13-Jun-2013 9:15 AM HSTID:
336286572Word Count: 888
Similarity Index
39%
Similarity by Source
Internet Sources:0%Publications:37%Student Papers:39%

2. sources:
1
15% match (publications)Thaler, Richard H. Sunstein, Cass R..
"Moneyball: The Art of Winning an Unfair Game.(Book
Review)", Michigan Law Review, May 2004 Issue
2
13% match (student papers from 21-May-2012)Submitted to

3. EDMC on 2012-05-21
3
6% match (student papers from 14-Mar-2012)Submitted to
EDMC on 2012-03-14
4
3% match (student papers from 20-May-2012)Submitted to
EDMC on 2012-05-20
5
2% match (student papers from 20-May-2012)Submitted to
EDMC on 2012-05-20

4. paper text:
Running Head: MONEYBALL Saber-metric Based Player
Moneyball Jesse Heineken Instructor: Jeff Ritter Management
Decision Models 06/13/2013 Beane was able to pull this off by
largely ignoring and resisting 1baseball’s conventional wisdom,
differently referred in baseball lingo as the book. ‘’The book
states that you should act in this situation’’ It means that
numerous chapters of this book are simply wrong. The most
significance concept that 3Beane was able to utilize, was in
player evaluation. Here he tried to think ‘’scientifically’’ how
much a player was likely to donate to his team chances. He
depended on objective evidence, clearly ignoring anything that
could be discharged as subjective. Beane established that, as a
statistical regularity, players drawn from high school are less
likely to prosper compared to players drawn from college.
Therefore, he sketched no high school players, notwithstanding
how highly they were sold. 4He hired a youthful known as Paul
DePodesta, a Harvard economics graduate, who depended on his
computer to project player’s accomplishments. Without ever
seeing a player swing a bat (Lewis, 2003). Beane’s
Effectiveness Beane was effective in his success because he
defied the conventional wisdom, which enhanced him to find
methods to do things much better than they are presently done.
Needing to make sure 5that statistical analyses were made and
made right, Beane employed DePodesta to research player
performance with the help of a computer.2Beane ends up
looking and acquiring young players that other teams simply
ignore. These were individuals were largely disregarded by the
professional scouts, exemplary because they had something
incorrect with them; they did not suit up the scouts intellectual
prototype of an accomplished ballplayer. Whereas scouts on
other teams were still looking for youthful players who looked
like Beane did in high school. DePodesta was occupied surfing

5. the internet ‘’the evaluation of youthful players’’2The
statistical technique was the only method for Beane to solve
serious issues, getting first-rate talent without involving a lot of
money. NewYork Yankees held 1three times the budget of the
Oakland Athletics. Moreover, if Beane did seek good players,
and played well, they would be bid far by richer teams. Owing
to his low pay sheet, he would be obliged to change his own
greatest successes. In 2001, Oakland won 102 games in the
ordinary season, the second-highest total in baseball. The pay
sheet 2for that year was $34million, lesser than half that of their
divisional opponents the Seattle Mariners. In Lewis account,
Beane was able to prosper because trade for baseball players
was inefficient, and the general understanding of sound
basketball strategy so weak, thus superior management could
still run circles round-by taller piles of cash. Many professional
baseball executives blunder because 1those who played the
game appear to over generalize from personal experience,
individuals always thought their experience was exemplary
when it was not. Secondly, the professionals were unduly
influenced by how a player had performed most presently, even
though the current performance was not always a good guide.
Third individuals were influenced by what they saw or assumed
they saw, with their own eyes. This is the real issue because the
human mind performs tricks, and because there is much you
could not see when you observed a baseball game (Winter,
2011). Professional Decision that Highlight Likelihood of
Success Overconfidence has been referred as the most pervasive
and possibility catastrophic of all the cognitive influences to
which human beings fall prey. It has been faulted for lawsuits,
wars, strikes, and stock market bubbles and crashes. Wars,
strikes and lawsuits could emerge from over placement. If
plaintiffs and accused were prone to think that, they were more
worthy than their legal counterparts that could aid in accounting
for the tenacity of inefficient permanent legal dispute. If
organizations and unions were likely to believe that, they were
powerful and more vindicate than the other party, which could

6. lead their willingness to bear labor strikes. Over precision could
have significant implications for placing behavior and stock
market trading, because they cannot agree to disagree, Classical
finance concept has issue explaining why, whether stock market
traders are fully sensible Bayesians, There is so much traffic in
the stock market and over precision might be an option. If
market traders are too certain that their estimates of a property
value is correct, they will be ready to trade with other partners
who have otherwise information than they do. Management
lessons In my own endeavors, I would employ patience as a
technique because concepts take time to implement. For
instance, shutting computers at night and on weekends, the
estimates of savings is quite interesting and while there is no
resistance, implementing might take some time. Early
identification of a well-informed point individual for concept
management event is a key to prosperity rollout. Acquiring a
point individual for concept management tool implementation
permits expertise to evolve with the tool. However, issues with
the events could recognize and solve early in concept
management process. Defining specific timelines for decision-
making should be resolved and then followed during the course
of the occasion. The timelines not only champion for
engagement to occasion but also permit for simultaneous or
successive scheduling of occasions. Reference MONEYBALL
Lewis, M. (2003). Moneyball: The art of winning an unfair
game. New York: W.W. Norton Winter, H. (2011). The
Economics of Excess: Addiction, Indulgence, and Social Policy.
Palo Alto: Stanford University Press. 1 MONEYBALL 2
MONEYBALL 3 MONEYBALL 4 5