• Media type: E-Article
  • Title: Notes and Communications “A DECISION THEORY EXAMPLE IN FOOTBALL”: A COMMENT*
  • Contributor: Stoughton, Neal M.
  • imprint: Wiley, 1986
  • Published in: Decision Sciences
  • Language: English
  • DOI: 10.1111/j.1540-5915.1986.tb00235.x
  • ISSN: 0011-7315; 1540-5915
  • Keywords: Management of Technology and Innovation ; Information Systems and Management ; Strategy and Management ; General Business, Management and Accounting
  • Origination:
  • Footnote:
  • Description: <jats:title>ABSTRACT</jats:title><jats:p>Janssen and Daniel analyzed the choice between a one‐ or a two‐point conversion for a particular game situation in college football. Their decision criteria was maximum expected utility based on a von Neumann‐Morgenstern utility function defined over the games outcomes. An alternative approach based on a stochastic dominance criterion is presented that does not rely on knowledge of the relative importance of tying vs. winning; rather, it relies on a notion of consistency in the sequential problem.</jats:p>