Just came across your Stack - very interesting heuristic in this article. I think about these issues a bit differently and anchored more in investment analytics than corporate finance. What you label as 'optionality' is to me comparable to decision/performance attribution, both on and off ball.
That is discrete from the other aspect you reference which is spatial vs time dynamics. Those are more aligned with whether a system is urgodic or not, and has material implications on modeling choices and related inferences, IMO, when trying to analyse performance over time and using to try and forecast into the future.
good stuff, absolutely believe that "options have value." I coached soccer for almost 15 years, and if you can get your players to show up in different attacking positions, it's really hard to defend.
Just came across your Stack - very interesting heuristic in this article. I think about these issues a bit differently and anchored more in investment analytics than corporate finance. What you label as 'optionality' is to me comparable to decision/performance attribution, both on and off ball.
That is discrete from the other aspect you reference which is spatial vs time dynamics. Those are more aligned with whether a system is urgodic or not, and has material implications on modeling choices and related inferences, IMO, when trying to analyse performance over time and using to try and forecast into the future.
good stuff, absolutely believe that "options have value." I coached soccer for almost 15 years, and if you can get your players to show up in different attacking positions, it's really hard to defend.
I plan to share more of my thoughts on this “Theory of Soccer” series but I definitely enjoy these analytical breakdowns. Keep them coming!