is mike leach right?
Well, now they've gone and done it. Some high-falutin' Berkeley econ professor has determined that it is in fact better to go for it on 4th down, at least if you're 1) in the NFL and 2) in the first quarter. Story here. Uh-huh.
I hate academic economics, primarily because economists's rational actor models are all based on the assumption that all other things are constant (ceteris paribus is the Latin term). Problem is, all other things are never constant in the real world. A model can account for players' skill and the probability of kicking a field goal from a certain distance. It cannot account for intangible, unpredictable things like crowd noise or Vince Young. And I'd remind everyone that Tech is not playing for a national championship this year.