The End of an Era of Discussion: Messi vs. Ronaldo

30

September

2019

5/5 (3)

Every day, enormous amounts of data are produced by businesses and consumers, forming vast data sets, both structured and unstructured. Such sets are increasingly used to guide strategic decision making, by means of big data analytical processes.

Big data analytics helps businesses to become more effective, hereby generating more revenue and/or profit. Depending on the desired outcome of the analysis, analytical processes can be descriptive, prescriptive, diagnostic or predictive (Banerjee, Bandyopadhyay & Acharya, 2013).
However, besides organizational decision-making focussed on costs, revenues and ultimately shareholder value, big data analytics can be used to guide decision making regarding one of the more trivial questions buzzing around society the last couple of decades, such as: ‘Which footballer is actually the best: Christiano Ronaldo or Lionel Messi?’.

For over 20 years, fans, experts, players and coaches have not reached consensus about which player may be called the greatest of all time. Both sides of the argument have embayed numerous arguments and statistics to solve this seemingly unsolvable question. However, by using big data analytics, Decroos, Bransen, Van Haaren & Davis (2019) have finally produced an undebatable and unambiguous answer to the question.

Using data mining and machine learning techniques, these researchers from the University of Leuven, Belgium, have been able to examine the statistics of both players more extensively than researcher had done before. By creating the VAEP (Valuing Actions by Estimating Probabilities) framework, the researchers were able to accurately determine the value of football player’s actions. Besides focussing on assists and goals, the researchers included three more elements in their analysis:
1) The value of the player’s action types (passes, crosses, dribbles etc)
2) The value of the player’s action type with regards to the game context
3) The possible effect of a player’s action on subsequent actions

Using these elements, the researchers were able to calculate the value of football players not only based on quantifiable statistics such as goals, assists and successful passes and dribbles, but also included the value these actions deliver. The analysis shows that Messi is superior in terms of action quantity and quality, which is shown in the table below.Messi

Without the use of big data analytics techniques, an area that is imminently growing both in size and in capabilities, the debate between supporters of Messi and Ronaldo would possibly never been solved, and none of the two players could have been called greatest of all time with certainty. However, by means of the study by Decroos et al. (2019), the end of an era of discussion between who is the best is now marked.

Sources

Banerjee, A., Bandyopadhyay, T., & Acharya, P. (2013). Data analytics: Hyped up aspirations or true potential?. Vikalpa38(4), 1-12.

Decroos, T., Bransen, L., Van Haaren, J., & Davis, J. (2019, July). Actions speak louder than goals: Valuing player actions in soccer. In Proceedings of the 25th ACM SIGKDD International Conference on Knowledge Discovery & Data Mining (pp. 1851-1861). ACM.

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Fake Dating Profiles: Positive and Negative Network Effects

28

September

2019

5/5 (1)

In the most recent lecture of Information Strategy (26-08-2019), the online dating platform Inner Circle was discussed. The question was how the Inner Circle could expand its operations to a new city. The exclusive character of the platform makes it difficult to enter new local markets, since members can only join the platform by means of an invitation of a current member. A possible solution, as suggested by a fellow student, was to fill the platform in a new city with fake accounts, hereby providing new members with a quality offer of potential dates, which will lead to word-to-mouth promotion and the invitation of new members, allowing the platform to expand.
To fuel expansion, The Inner Circle did not use fake profiles, but affiliate marketing programs.

However, the creation of such fake profiles is a used technique in the current dating platform market. This Wednesday, the 25th of September, The Wall Street Journal declared that the Federal Trade Commission had sued the Match Group Inc. for the alleged use of fake profiles on dating platforms. This incorporation is owner of popular and well-known dating platforms such as Tinder, Match.com and OkCupid. According to the Federal Trade Commission, the Match Group has send dating platform users messages that a certain profile, which turned out to be fake, had interest. Using this interest, the organizational manipulated users to subscribe for a payed account. The Federal Trade Commission states that Match Group has influenced half a million users to subscribe for a payed account using this manipulation, from 2016 until 2018.

This manipulation shows how fake profiles initially created more value for the company and its users, following network effects. The messages send by these profiles increased customer value. Customer willingness to pay increased significantly, so that users were willing to use the paid, instead of the free version of the dating platform. However, when the profiles turn out to be fake, this value decreases, hereby realizing a negative same-side network effect. Namely, when the Federal Trade Commission turns out to be right, platform users will suspicious towards profiles, potentially leaving the platform for its competitors, with potentially devastating effects for the Match Group.

The reaction of the organization on the allegations are, therefore, expected. The Match Group calls the imputations unfounded and states to not cooperate with the judicial investigation and provide fierce defends in the courtroom. Whatever the decision, this case shows the power of network effects, both positive and negative.

Wall Street Journal Article:
https://www.wsj.com/articles/ftc-sues-match-for-allegedly-tricking-users-with-fake-ads-11569429886

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