Official Jon Gruden Thread XXV

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I swear the people who call into WNML make me physically tired. Jimmy Hyams did once again say forget about Gruden, absolutely 100 percent forget it. Says the same issues from 2012 are there now.

Which is true...until those issues are removed at a future time. At least that's the way it seems to be playing out.
 
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I know that Peyton was basically the compensation for at least one Kaldor-Hicks improvement in the deal.

That's a weird way to use that phrase, no? I understand that K-H is a state where there are no additional Pareto improvements. Did Peyton change the variables so much that new Pareto improvements were possible?
 
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You've got it. The idea is where is Currie is he walks away. BATNA is essentially what happens if both parties walk away, what position are you in?

It gets far more complicated with multiple parties and numerous deal possibilities. For example, let's hypothetically say that Currie DOES have a deal with Mike Bobo. If he walked away from the Gruden deal, he'd still have the Bobo deal (his BATNA).

Now, if the coalition of boosters have said, "If you don't accept the Gruden deal we've brought you, we will discontinue donations in the amount of [$ HUGE], then Currie's BATNA would be (Bobo deal value - Booster money).

This is essentially the game theory approach MIT talked about. The deal that is being taken to the University is good enough that they shouldn't say no, in addition, the penalty for failing to accept the good offer is good enough that they shouldn't say no. Hence, I believe, is why he feels so confident.

Excellent explanation! :hi:
 
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this is going to go over a lot heads. (mine included)

.....is a way of judging economic re-allocations of resources among people that captures some of the intuitive appeal of Pareto efficiencies, but has less stringent criteria and is hence applicable to more circumstances. A re-allocation is a Kaldor–Hicks improvement if those that are made better off could hypothetically compensate those that are made worse off and lead to a Pareto-improving outcome. (per wiki)
 
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From Albert Haynesworth's Twitter

Beav said it would be like this
 
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