Using Game Theory to Determine Fantasy Value

With this post, we start looking at player fantasy value in a different way.

Up to now, we have been looking at player fantasy value by looking at actual player performances, and comparing their fantasy points with those of their notional replacements.

Starting today, we consider a different approach as well. We will ask: if fantasy teams had a budget of fantasy points, which they had to bid to acquire players, how many fantasy points ought a team to spend for a player with a given production profile?

This is admittedly far removed from the everyday fantasy evaluations that fantasy owners do. But if this blog’s theme is correct, and the ideal way to evaluate fantasy players is in fantasy points, then this approach forms the basis for proper player evaluation. We have to start with the abstract and hypothetical in order to see the principles that can later be used for real world player evaluation, once the techniques have been developed.

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