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Full-Text Articles in Income Distribution
Examining The Effectiveness Of Nba General Managers At Determining Value In The Nba Draft, And The Impact Of Drafting Team On Player Future Value, Benjamin S. Glass
Examining The Effectiveness Of Nba General Managers At Determining Value In The Nba Draft, And The Impact Of Drafting Team On Player Future Value, Benjamin S. Glass
CMC Senior Theses
This study examines the effectiveness of NBA general managers at accurately drafting in accordance with the future values of players. Using draft position as a metric representing perceived value at the time of the draft, and second contract size to represent value of a player at the time of free agency, I compare the effects of different draft positions on the expected size of a players second contract. By examining divergences in the expected negative linear trend, I can identify positions in the draft which are being over/undervalued. I additionally look at the effect of team on second contract size …
Salary Inequality In The Nba: Changing Returns To Skill Or Wider Skill Distributions?, Jonah F. Breslow
Salary Inequality In The Nba: Changing Returns To Skill Or Wider Skill Distributions?, Jonah F. Breslow
CMC Senior Theses
In this paper, I examine trends in salary inequality from the 1985-86 NBA season to the 2015-16 NBA season. Income and wealth inequality have been extremely important issues recently, which motivated me to analyze inequality in the NBA. I investigated if salary inequality trends in the NBA can be explained by either returns to skill or widening skill distributions. I used Pareto exponents to measure inequality levels and tested to see if the levels changed over the sample. Then, I estimated league-wide returns to skill. I found that returns to skill have not significantly changed, but variance in skill has …