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:6/26/2016)... NC (PRWEB) , ... June 26, 2016 , ... Brent Kasmer, a legally blind and ... to be personalized through a fitness app. The fitness app plans to fix the two ... currently only offer a one size fits all type program , They don’t ...
(Date:6/25/2016)... Aliso Viejo, California (PRWEB) , ... June 25, 2016 , ... ... preset to fit their specific project," said Christina Austin - CEO of Pixel Film ... all fully customizable and all within Final Cut Pro X . Simply select ...
(Date:6/25/2016)... ... ... Conventional wisdom preaches the benefits of moderation, whether it’s a matter of ... too high can result in disappointment, perhaps even self-loathing. However, those who set the ... Research from PsychTests.com reveals that behind the tendency to set low expectations ...
(Date:6/24/2016)... ... 2016 , ... The Pulmonary Hypertension Association (PHA) learned during ... two significant new grants to support its work to advance research and patient ... recognizing patients, medical professionals and scientists for their work in fighting pulmonary hypertension ...
(Date:6/24/2016)... ... ... People across the U.S. are sharpening their pencils and honing their writing ... which patients and their families pay tribute to a genetic counselor by nominating him ... Genetic Counselors (NSGC) Annual Education Conference (AEC) this September. , In April, Genome ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... DUBLIN , June 23, 2016 ... the "Pharmaceutical Excipients Market by Type (Organic Chemical ... Preservative), Formulation (Oral, Topical, Coating, Parenteral) - Global Forecast ... The global pharmaceutical excipients ... 2021 at a CAGR of 6.1% in the forecast ...
(Date:6/23/2016)... June 23, 2016 Roche (SIX: RO, ROG; ... for its Elecsys BRAHMS PCT (procalcitonin) assay as a ... septic shock. With this clearance, Roche is the first ... integrated solution for sepsis risk assessment and management. ... infection and PCT levels in blood can aid clinicians ...
(Date:6/23/2016)... June 23, 2016 Capricor ... ), a biotechnology company focused on the discovery, ... that patient enrollment in its ongoing randomized HOPE-Duchenne ... exceeded 50% of its 24-patient target. Capricor expects ... third quarter of 2016, and to report top ...
Breaking Medicine Technology: