Yu Darvish Makes a Trade-Off
During my junior year of high school, I took AP Economics. I found the class to be pretty interesting, and I look forward to continue studying the subject further. But this is a baseball website, and you probably don’t want to be hearing about the classes I took while in high school. However, there was an important concept I learned in AP Economics that applies to a baseball situation I recently discovered. That is, the idea of the trade-off. The trade-off is one of the most basic economic principles, something so basic that it’s subconsciously part of all of our decision-making processes, whether we decide to acknowledge it or not.
One person cannot do everything, and every decision made is at the expense of the other options. There is opportunity cost, and when calculating important decisions, one must weigh the benefits of their choice versus the costs associated with giving other choices up. That’s exactly what Yu Darvish has done this season. Read the rest of this entry »