Published Feb 3, 2025

Coase, the Rules of the Game, and the Costs of Perfection (with Daisy Christodoulou)

Daisy Christodoulou and Russ Roberts explore the complex trade-offs and unintended consequences of VAR technology in football, discussing the tension between consistency and game flow, and the inadequacies of language and measurement in capturing the essence of decision-making.

Episode Highlights

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Questions from this episode

- What are the trade-offs involved in decision-making in the episode The Secrets Behind Great Products at The Biggest Companies and the clip Rethinking ROI?
  Asked by 6 people
- What are the trade-offs we face in decision-making in the episode The Secrets Behind Great Products at The Biggest Companies and the clip Opportunity Cost Insights?
  Asked by 4 people
- How is language connected to poetry?
  Asked by 4 people
- What is the trade-off mindset?
  Asked by 4 people
- What are the trade-offs we face in decision-making?
  Asked by 3 people
- What do experts say about setting standards rather than goals?
  Asked by 2 people
- Can you give examples of setting standards?
  Asked by 2 people
- Liberal vs conservative perspectives
  Asked by 2 people
- What are typical trade-offs in decision-making?
  Asked by 2 people
- Quantitative vs qualitative measures
  Asked by 2 people
- From Paul Conti: Acknowledge trade-offs and be honest with oneself
  Asked by 2 people
- What changes could improve football?
  Asked by 2 people
- What are the trade-offs involved in decision-making?
  Asked by 1 person
- Does setting standards relate to goal achievement?
  Asked by 1 person
- What are the trade-offs we make in decision-making?
  Asked by 1 person

Episode Highlights

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Coase, the Rules of the Game, and the Costs of Perfection (with Daisy Christodoulou)

Topics covered

Popular Clips

Questions from this episode

Episode Highlights

Referee Technology Impact

Trade-offs and Decision Making

Language and Measurement ChallengesDaisy Christodoulou examines the limitations of measurement and the role of tacit knowledge in sports. She argues that language and precise metrics often fall short, emphasizing the need for a nuanced understanding of decision-making.

Language and Measurement Challenges

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