Each fall, millions of people take part in the ever-frustrating ritual called fantasy football. The event that influences your team's chances of success is the league draft. And while you don't realize it, you're sabotaging your team's success long before you draft a single player. Fantasy sports operate on many of the same rules of behavioral finance and economics that we see in the financial markets. Human bias against certain players and teams is very similar to the types of bias we see when buying and selling stocks. The fundamental exploration of behavioral economics in fantasy sports a book called Cognitive Bias in Fantasy Sports: Is Your Brain Sabotaging Your Team? Written by Renee Miller, the book explains how human bias impacts fantasy sports.
展开▼
