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June 20, 2013 5:00 am
Does it make sense for managers to plan for extremely long games?
Disaster experts—and really, what better analogy is there for a discussion of major league managers—often use terms like “100-year event” or “1000-year event” to discuss the limits of our preparedness.
There are some situations that are so rare that in a cost-benefit analysis it is deemed not worthwhile to disrupt routines or expend resources in order to prevent them. For example, the United States has not stationed a large military force in International Falls because while there is a non-zero chance, there is a very small chance that Canada will attack us in a ground invasion from Ontario. The parlance is more commonly used for things like floods and earthquakes.