Where the Inefficiencies Are
May 7, 2007 by Geoff Young
Filed under Strategy
Jeff Sackmann has an article up at The Hardball Times (full disclosure: I am a contributor to THT) called “The New Inefficiency.” In it, Jeff identifies risk acceptance as the current market inefficiency. Identifying and exploiting such inefficiencies is a key strategy employed by “small-market” teams to help reduce the effect of budgetary imbalances between them and their richer counterparts.
For example, as chronicled in Moneyball, the Oakland A’s at one time were able to exploit teams’ lack of demand for players with high on-base percentage. Now that this is common knowledge, they are no longer able to use that particular …read more
