"We get analytical about what goes on when we play a round of golf. It's all about probability and statistical distributions."
Chad Syverson, professor of economics, is a frequent golfer and often plays with University of Chicago economists Steven Levitt, John List, and Derek Neal. The team usually plays in scramble tournaments, in which the best shot among the four determines the starting point for each subsequent shot. Inconsistency becomes an advantage as the golfers pick the best and discard the worst. "In a scramble, we don't need everyone to do something good, we just don't want the same bad shot," said Syverson, who was photographed by Chris Strong at the Jackson Park Golf Course on Chicago's South Side. "It's a portfolio problem." - Judith Crown