Points vs Price
Two trains are set to depart at the same time for your given destination. One will take 90 minutes and cost $20 (apologies to UK readers but my keyboard doesn’t have a pound sign), the other will take just an hour but cost $70. In most cases you would opt for the cheaper train, right? The other is faster, but not sufficiently so as to justify the extra cost. Why then, do we often still talk about fantasy points in terms of absolute points earned? Every point you earn comes at cost, namely the opportunity cost of using your limited resources to strengthen other areas of your team. Getting this balance right is the name of the game, and it’s where we’ll start our look back at the 2011-12 season. Note that in some cases, continuing the analogy, you would want to take the faster train. Perhaps there is a vital metting you need to attend or you are a millionaire and thus $50 is immaterial to you. The same goes for the fantasy world. You may wish to ‘overpay’ for a certain player given hi...