Markets may (and just did) correct for overvalue, but they can't abjure the laws of physics.

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Their view is that conventional wisdom in soccer tends to overvalue goal scorers relative to other positions.

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As a feature of social networks, critical mass is hard to overvalue.

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These recurring extremes of yield establish undervalue and overvalue price levels.

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But the mistake the speculators had made was to overvalue their goods, and to "bank on" (as we still say) their holding their value over time.

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However, where jock culture starts morphing into rape culture is when coaches start asking for grade changes to keep a player eligible, or parents overvalue their basketball-playing child compared to their violin-playing child.

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He conducts simple experiments to show how people cheat, procrastinate, overvalue objects they made themselves, take free things they don't need, insist upon keeping their financial options open even when it means losing money and otherwise behave contrary to their interests.

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But because most clubs continue to overvalue closers against all the evidence (95% of all ninth inning leads result in victories, rendering a top closer a marginal contributor), the Yanks could probably get a nice haul of young talent by dangling Rivera to a contender.

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