From NY Times: It’s the biggest moment in your N.F.L. coaching career: 26 seconds remain in the Super Bowl, your team is 4 points behind, you have the ball just one yard short of the end zone, it’s second down, and your team has arguably the N.F.L.’s best running back. What’s your call? Run or pass?
Here’s what I would do: Call a game theorist, someone who specializes in the branch of economics that analyzes strategic interactions. Game theory is the tool used to understand how global superpowers respond to each other, how large companies compete with each other and how grandmasters play chess. It also describes the strategic tussle between Bill Belichick, the coach of the New England Patriots, and Pete Carroll, the coach of the Seattle Seahawks, who found themselves facing difficult decisions in the final seconds of Sunday’s Super Bowl.