Eliminating buyer’s remorse: An examination of the sunk cost fallacy in the National Hockey League draft

Author(s):  
L Farah ◽  
J. Baker
2010 ◽  
Author(s):  
Kristina F. Pattison ◽  
Thomas Zentall
Keyword(s):  

2007 ◽  
Author(s):  
Jonathan E. Westfall ◽  
J. D. Jasper
Keyword(s):  

2007 ◽  
Author(s):  
Valentina Sala ◽  
Gabriella Passerini ◽  
Laura Macchi ◽  
Maria Bagassi ◽  
Marco D'Addario

Author(s):  
Kibrom Tafere ◽  
Christopher B. Barrett ◽  
Erin Lentz ◽  
Birhanu T. Ayana

2019 ◽  
Vol 7 (2) ◽  
pp. 24
Author(s):  
Aju J. Fenn ◽  
Lucas Gerdes ◽  
Samuel Rothstein

Using data from 2005 to 2016, this paper examines if players in the National Hockey League (NHL) are being paid a positive differential for their services due to the competition from the Kontinental Hockey League (KHL) and the Swedish Hockey League (SHL). In order to control for performance, we use two different large datasets, (N = 4046) and (N = 1717). In keeping with the existing literature, we use lagged performance statistics and dummy variables to control for the type of NHL contract. The first dataset contains lagged career performance statistics, while the performance statistics are based on the statistics generated during the years under the player’s previous contract. Fixed effects least squares (FELS) and quantile regression results suggest that player production statistics, contract status, and country of origin are significant determinants of NHL player salaries.


2020 ◽  
pp. 152700252098343
Author(s):  
Quinn Andrew Wesley Keefer

The 2011 NFL collective bargaining agreement introduced significant changes to rookie compensation, including a rookie wage scale. We test if the new rules changed how sunk costs affect utilization for drafted rookies. Our regression discontinuity results show a robust sunk-cost fallacy that is similar in magnitude to the one documented under the previous agreement. Second-round selections play significantly less than their first-round counterparts, as measured by percentage of games started, total snaps played, and percentage of snaps played. However, the effect is not evident beyond the rookie season. Additional results show coaching success and coaching changes are important factors.


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