The other day I did the ten worst contracts of the season. It was a fairly big hit, and as usual, not everyone agreed with my picks. I expect more of the same today, as I pick the ten best.
Regulars readers of my blog, and the Wages of Wins, will know that I am a big proponent of data-driven analysis because the human mind is known to fall victim to lots of cognitive biases. Worse, the awareness of cognitive bias does not protect a person from falling victim to them. Two very common bias that I see running rampant the last couple of days are framing and anchoring. Framing is extremely common in political rhetoric precisely because it is extremely effective. And I use them all the time in my rhetoric. I can tell you this with no trepidation because I know that even though I am telling you this, the next time you read something that makes sense to you, the knowledge that I might just be abusing a cognitive bias will not protect you.
OK, I am lying. Frankly I had no idea who Lin was until a week ago. So, no, I did not know that Jeremy Lin was this good. But frankly, that's irrelevant. One did not have to know Lin would play this well to keep him. Let me elaborate. When I read Daryl Morey's recent tweets on Lin, I had to laugh a bit: