Navigation Links
'Moral victories' might spare you from losing again
Date:7/21/2014

It's human nature to hate losing.

Unfortunately, it's also human nature to overreact to a loss, potentially abandoning a solid strategy and thus increasing your chances of losing the next time around.

That's one conclusion of a Brigham Young University study published this week by the journal Management Science. The finding is based on an analysis of two decades of data on NBA coaching decisions.

The researchers focused on whether coaches adjusted their personnel following games where the margin of victory or defeat was small. After narrow wins, coaches changed their starting lineup one-fourth of the time. But after narrow losses, they changed their starting lineup one-third of the time.

"A blowout win is informative about the team's future success, compared to a crushing defeat," said Brennan Platt, a professor of economics at BYU and co-author on the study. "But losing by a point versus winning by a point, most of that is just noise. To say 'a win is a win' ignores important information in the intensity of the win, causing narrow losers to overreact and narrow winners to be complacent."

Platt and fellow BYU economists Lars Lefgren and Joe Price modeled the result of these attempts to right the ship. They found that hasty adjustments actually backfire, resulting in about one extra loss per season per team.

None of the coaches in the sample demonstrated immunity to overreacting to close losses. The study authors note that coaches also underreact to close wins particularly games that were expected to win by large margins. That's why they titled their study "Sticking with What Barely Worked."

Platt said the findings are particularly relevant to bosses' evaluations of employee performance.

"A lot of the goals businesses set are related to zero/one outcomes did you meet your sales quota, did the patient recover, did the plane arrive on time," Platt said. "You need to be careful to process all of the information. Things that are out of your control should be accounted for before you start evaluating staff. The intensity of the outcome by how far they missed the goal should give you an indication of whether it was just bad luck."


'/>"/>

Contact: Joe Hadfield
joe_hadfield@byu.edu
801-422-9206
Brigham Young University
Source:Eurekalert

Related medicine news :

1. Why home cities matter, refueling willpower, decision speed and moral character, and more
2. Flip-Flop? People Can Change Moral Positions and Not Know It
3. The brain of OCD sufferers is more active when faced with a moral dilemma
4. Yakima Traumatic Injury Lawyer Mariano Morales Voices Support for Brain Injury Awareness Month
5. Stryker Hip Lawsuit News: Bernstein Liebhard LLP Comments on Research Linking Femoral Stem Corrosion at Modular-Neck Junction with Local Soft Tissue Destruction
6. First ever study of moral distress among nurses in burn unit
7. Watch cites concern about femoral neck fractures in long-necked modular implants
8. Personality and spaces, remaking love, meaning in life, and commonsense morality
9. Danish social workers have become the moral agents of the state
10. Womens contraceptive use influenced by contraception education and moral attitudes
11. GVSU researchers find moral beliefs barrier to HPV vaccine
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/9/2016)... (PRWEB) , ... February 09, 2016 , ... ... Boston Store, Carson’s, Elder-Beerman, Herberger’s and Younkers department stores, announced it has raised ... of Wisconsin Cancer Center, Holden Comprehensive Cancer Center at the University of Iowa, ...
(Date:2/9/2016)... San Diego, California (PRWEB) , ... February 09, ... ... the launch of their new nationwide service to expand access to affordable ... over 30 million hard of hearing individuals in the United States. , “For ...
(Date:2/9/2016)... Florida (PRWEB) , ... February 09, 2016 , ... ... cold therapy products, announced today the introduction of the newly designed, innovative shoulder ... comfort and better cold therapy coverage for the injured arm and shoulder to ...
(Date:2/9/2016)... ... 09, 2016 , ... United Methodist Communications collaborated with Chocolate ... animated video designed to prevent the next widespread Ebola outbreak from ... being distributed throughout Togo, Liberia, Sierra Leone, Nigeria, Côte d’Ivoire and other African ...
(Date:2/9/2016)... ... February 09, 2016 , ... i2i Systems, an early innovator and ... data vendors in the latest KLAS report, Population Health Management 2015: How Far Can ... market for population health management (PHM). The latest KLAS Report, leveraging over 200 ...
Breaking Medicine News(10 mins):
(Date:2/9/2016)... Feb. 9, 2016  Sangamo BioSciences, Inc. (NASDAQ: ... editing, today reported its fourth quarter and full ... in vivo therapeutic genome editing," said Edward ... zinc finger nuclease (ZFN) technology leads the therapeutic ... core competencies necessary to move our ground-breaking genome ...
(Date:2/9/2016)... HAMILTON, Bermuda, Feb. 9, 2016  Axovant Sciences ... focused on the treatment of dementia, today announced ... address cognitive, behavioral and functional aspects of Lewy ... people in the U.S. Two out of the ... is expected to start later this quarter. In ...
(Date:2/9/2016)... The new report "Global Diagnostic Ultrasound Devices Market Assessment & Forecast: ... global diagnostic ultrasound devices market was valued at US$ 5,381.1 million ... 2019 at a CAGR of 6.8% from 2015 to 2019. ... analyzed for six geographies of North America , ... Latin America , Middle-East and ...
Breaking Medicine Technology: