Are We Getting Better or Are They Getting Worse? Draft Position, Strength of Schedule, and Competitive Balance in the National Football League
Tony Caporale (caporale@udayton.edu) and
Trevor Collier
Journal of Labor Research, 2015, vol. 36, issue 3, 300 pages
Abstract:
Monopsonistic labor market institutions, such as amateur drafts and free agency restrictions, are often justified by their competitive balance generating properties. In this paper we reexamine the balancing effect of the amateur draft for the National Football League. We extend an earlier treatment of this issue by Grier and Tollison (J Econ Behav Organ 33:136–149, 1994 ) by incorporating the unbalanced scheduling policy of the league, relative team payrolls, and team injury rates into our empirical model. We find that the college draft has a quantitatively strong and statistically significant effect on team performance even when incorporating several significant controls. Copyright Springer Science+Business Media New York 2015
Keywords: Coase theorem; Competitive balance; N.F.L. draft; C23; D22; D23; L83 (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (4)
Downloads: (external link)
http://hdl.handle.net/10.1007/s12122-015-9206-z (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:jlabre:v:36:y:2015:i:3:p:291-300
Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/12122
DOI: 10.1007/s12122-015-9206-z
Access Statistics for this article
Journal of Labor Research is currently edited by Ozkan Eren
More articles in Journal of Labor Research from Springer
Bibliographic data for series maintained by Sonal Shukla (sonal.shukla@springer.com) and Springer Nature Abstracting and Indexing (indexing@springernature.com).