By John Considine
This week the LA Rams traded for Myles Garrett. In return for his services they gave the Cleveland Browns a bunch of draft picks plus Jared Verse. This seems to be a deliberate strategy on the part of the Rams (as suggested previously here on this site). The Rams seem happy to trade away "potential" for "proven" - although Verse was defensive rookie of the year. The Rams previously did something similar for Matthew Stafford with glittering success. Stafford is the reigning MVP and there was some questioning of the Rams when they selected a quarterback with their first round draft pick this year. The move for Garrett seems to be more consistent with their approach to draft picks over the last decade. It makes me wonder if the Rams are taking lessons, directly or indirectly, from the Nobel Laureate Richard Thaler.
Thaler devotes a chapter in Misbehaving: The Making of Behavior Economics to, what he sees as, systematic errors in decision making in the NFL. His main focus is on the way early draft picks are overvalued. This is primarily based on a statistical analysis of the large number of decisions in his sample. However, he does provide a case study of the Washington franchise and their inability to follow they advice that he was directly providing. The LA Rams seem to be following an alternative approach.
Thaler devotes a chapter in Misbehaving: The Making of Behavior Economics to, what he sees as, systematic errors in decision making in the NFL. His main focus is on the way early draft picks are overvalued. This is primarily based on a statistical analysis of the large number of decisions in his sample. However, he does provide a case study of the Washington franchise and their inability to follow they advice that he was directly providing. The LA Rams seem to be following an alternative approach.
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