A Substitute for War

Basketball philosophy

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March Madness as a Playoff System

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Candy

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I’ve previously analyzed the playoff systems of the 4 major professional sports leagues in the US, looking at fairness, which I’ve defined as follows:

Ideal fairness means that we get rid of the unevenness of the regular season schedule without adding too much randomness.  If you’ve got a variety of divisions or conferences that hardly play against each other, the idea that you can have a single champion without a playoff tournament of some sort is absurd – but of course playoffs in some sense always mean throwing out a larger sample size for a smaller one, which never entirely good.

We’re in March Madness season so it’s worth considering college basketball’s playoff system, arguably the most successful in terms of financial gains relative to regular season. This happens to be a particularly good season to consider this because all of the favorites are gone. Every team left has at least 8 losses, which either indicates a stunning amount of parity, or a ridiculous amount of luck.

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