A Preliminary Consideration of WAR as Evaluation

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Within virtually every domain, managers are confronted with the problem of performance evaluation. Despite substantial research on the topic, no consensus has been reached about best practices. However, within baseball, a new gold standard of performance has emerged—WAR—or wins above replacement. Conceptually, this metric compares observed performance against an empirically derived expected standard. This article introduces WAR and suggests that something like it could be applied to a variety of other contexts.

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