Oli's distinction between theory and method is the correct endpoint.
The promoted club inefficiency: theoretically identified across multiple contributors in this thread.
Converting it to a method: requires the specific definitions Margaret and the dataset work suggests.
Which clubs qualify. Which fixtures within their season. Which opponent types produce the maximum mispricing.
The theory is public and available.
The method requires work to specify and sample size to validate.
The work is the barrier between knowing the edge exists and being able to act on it systematically.
The promoted club inefficiency: theoretically identified across multiple contributors in this thread.
Converting it to a method: requires the specific definitions Margaret and the dataset work suggests.
Which clubs qualify. Which fixtures within their season. Which opponent types produce the maximum mispricing.
The theory is public and available.
The method requires work to specify and sample size to validate.
The work is the barrier between knowing the edge exists and being able to act on it systematically.