Barney and Dia:Beacon, questions of taste are probably beside the point, a mere hangover from modern art's ran corous past. The people who visited the Cremaster extravaganza have largely ac cepted...

Barney and Dia:Beacon, questions of taste are probably beside the point, a mere hangover from modern art's ran corous past. The people who visited the Cremaster extravaganza have largely ac cepted modern art at face value, al though many scarcely know what that value is. And the museum officials who are embracing this new audience for contemporary art at the Guggenheim and at Tate Modern and at the Muse. um of Modern Art and, new, at Dia Beacon-would just as soon keep it that way. Skepticism. avidity, independence of mind all the traits of the audience


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Assignment 2: Moneyball Moneyball, a book by Michael Lewis (2003), highlights how creativity, framing, and robust technical analysis all played a part in the development of a new approach to talent management in baseball. It also exhibited great examples of the biases and psychological pitfalls that plague decision makers. Review the article “Who’s on First?” by Thaler & Sunstein (2003) from this module’s assigned readings. This article reviews the book Moneyball by Michael Lewis. Write a critique of the article including the following points: Examine why sabermetric-based player evaluation is such a shock to other executives in baseball. Evaluate why Beane is much more effective in his success by constructing a matrix of pitfalls and heuristics that highlight the differences between Beane’s team and other executives. Moneyball highlights how people tend to overestimate the likelihood of success and end up facing financial loss—in this case, it meant forfeiting millions of dollars. Analyze a professional or personal decision (yours or otherwise) that highlights this predilection in spite of substantial losses. Explain how you would apply Moneyball’s management lessons in your own endeavors. Write a 5–7-page paper in Word format. Apply APA standards to citation of sources. References Thaler, R. H., & Sunstein, C. R. (2003). Who's on First. New Republic, 229(9), 27-30.



May 26, 2022
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