This panel aims to examine the fine line between when to make managerial decisions on gut feel, versus when to stick to the data. Did the 2020 World Series serve as a catalyst for changes to the game going forward, or will managers shrug off pressure from the media?
"… all models are wrong; the practical question is how wrong do they have to be to not be useful.” (George Box) Athletic departments at schools with under-enrollment have been caught in a bad-model trap, where the NCAA's accounting conventions lead them to make harmful economic decisions in the false belief they are cutting costs. Andy Schwarz (PCL, OSKR) works through why the accounting gets the economics so wrong, provides detailed examples from schools that have made mistaken cuts in 2020, and outlines a solution to avoid these errors going forward.