Social and Behavioral Sciences Commons^™

Sunk Or Dunk?: An Empirical Analysis Of The Effect Of Sunk Cost Fallacy In Professional Basketball, Hailey Dicicco

Business and Economics Presentations

This project is divided into two sections. The first section is a comparison between the NBA and WNBA, using performance metrics from game statistics. I researched the history of women in sports and specifically read about how women first became integrated into the game of soccer. In the regression for section one, we used a few selected performance metrics and minutes in order to observe any relationships between specific skills and minutes. We also focused on the difference between the leagues in terms of what game stats are more or less significant.

In the second section of this paper, we …

Boom & Bust: The Perils Of Guaranteed Long Term Contracts. Evidence From Ops100 Performance Over The Contract Cycle, Heather M. O'Neill

Business and Economics Faculty Publications

This study focuses on panel data of 256 MLB free agent hitters under the 2006-2011 Collective Bargaining Agreement (CBA) to demonstrate that hitters, on average, increase their offensive production, measured by OPS100, during the last year of their contract and subsequently underperform the first year of the newly signed long term contract. The contract year phenomenon arises from the incentive to land a lucrative guaranteed contract for players not intending to retire. Signing a long term guaranteed contract creates an incentive to shirk (underperform) the first year of the new contract because performance and pay become unlinked and the need …

Do Mlb Hitters Boost Performance In Their Contract Year?, Heather M. O'Neill

Business and Economics Faculty Publications

This study focuses on 256 MLB free agent hitters playing under the 2006-2011 CBA to determine whether they boost their offensive performance in their contract year. Prior studies’ results are mixed, depending on the econometric technique used and the choice of the offensive performance measure.

Having multiple year observations per player, one can incorporate the unobserved traits of the players (ability, risk aversion, work ethic, etc.) by using Fixed Effects (FE) estimation. Since these unmeasured player traits are likely to be correlated with observed predictors of performance (games played, playoff contention, age, etc.), traditionally used Ordinary Least Squares (OLS) and …