| Article ID: | iaor20061313 |
| Country: | United States |
| Volume: | 5 |
| Issue: | 1 |
| Publication Date: | Jan 2004 |
| Journal: | INFORMS Transactions on Education |
| Authors: | Brimberg Jack, Hurley Bill |
| Keywords: | decision: applications, education in OR |
This paper presents a Kahneman–Tversky type probability example in a baseball context with a counter-intuitive best strategy. The problem is ideally suited for classroom discussion in an introductory course on probability or managerial decision-making.