Monday, May 28, 2018

Emotion, reason, and LeBron James

This is a follow up on last week’s post about unresolvable questions in which I discussed evaluating basketball players and LeBron James, in particular.

After the Cavaliers’s win last night, James has once again led a team to the NBA Finals—this for the 8th straight year. This adds to his impressive resume and his claim to be greatest of all time (GOAT).  In my previous post, I argued that questions like “who is greater: James or Jordan?” were unresolvable.

At the same time, winning the conference finals 8 times in a row is—well, if Jordan had chosen to continue playing basketball instead of trying baseball, maybe he could have matched that feat. Perhaps Jordan was the more talented, but maybe those 8 straight trips to the Finals is the more impressive career? This also reveals two dimensions of evaluation I didn’t discuss in my previous post: the difference between potential and achievement.

But this is not about multidimensionality, but about the way that emotion can influence reasoning. To what extent is evaluation affected by emotions?  There is a plenty of actual empirical data on how emotions do influence reasoning (see, for example, the idea of “reactive devaluation”), but I’m just going to focus on one particular influence on evaluation.

This morning, I stopped at a cafe, and the music playing was music that was new and that I had loved when I was in high school and college. A lot of that music still seems particularly excellent to me.  Rationally, it makes no sense to me to suggest that the best musicians ever were all performing their best music in the first twenty years or so of my musical memory. But it often seems that way. Those songs were emotively impactful to me when the whole world was new. Music that is new to me today is often simply unable to catch my attention because I have so many other things in mind.

To what extent is this true for evaluating basketball players? Jordan was one of the great stars of that same period—high school/college—Jordan trying to take the mantle of greatness from Bird and Magic. I don’t really remember the greatness of Kareem, though I remember his long and productive post-peak career. Do I have a propensity to overrate Jordan in the same way that I have a propensity to overrate the music of my youth?  The baseball writer Bill James included a repeated item in his Historical Baseball Abstract in which, for each decade, he quoted old  ballplayers saying some variation of “they ain’t as great as when I was young.”

Will those who are in high school and college today—people too young to have watched Jordan’s great games live—will they be predisposed to consider James the greatest ever because he was the player who amazed them when the world was still new? And will there be a debate 20 years from now about whether some new player is greater than James (with Jordan having receded into the past)?
The decision-making process includes emotional elements that shape our reasoning. If we’re called upon to make a quick choice, the emotional factors are likely to be the deciding factors when complex decisions must be made because the complexity of carefully reasoned evaluation tends to defy answers.

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