Coase, the Rules of the Game, and the Costs of Perfection (with Daisy Christodoulou) 2/3/25

Surely perfection is better than imperfection. But applying technology
to improve decision-making can backfire. Listen as ed-tech innovator
Daisy Christodoulou and EconTalk’s Russ Roberts talk about the costs of
seeking perfection when technology is used to improve refereeing in
sports. They also talk about ways to embrace imperfection and how the
economist Ronald Coase can help us understand the power of the rules of
the game, both in sports and in life.
For links and more information: https://www.econtalk.org/coase-the-rules-of-the-game-and-the-costs-of-perfection-with-daisy-christodoulou/
Subscribe to EconTalk on YouTube: https://www.youtube.com/channel/UCKAu-mTq7iZtKHK6QiBqKPA
Subscribe to the audio episodes:
Apple Podcasts: https://podcasts.apple.com/us/podcast/econtalk/id135066958
Stitcher: https://www.stitcher.com/podcast/econtalk
Spotify: https://open.spotify.com/show/4M5Gb71lskQ0Rg6e08uQhi
and wherever you listen to podcasts.