VikingsGuy
Well-known member
I have read a few of his football papers. Not very convincing. I assume his Nobel was for something else other than football. His “freakanomics” stuff has fallen out of favor in economics for good reason. And the math behind the “only 53% advantage vs next pick” does not mean mathematically that the difference between pick 1 and pick 200 is a coin toss, any more than 3% compounded annual interest means $100 is only worth $103 in 20 years. Fortunately the draft data set is complete and not excessively big and many have easily shown big statistical differences in outcomes from rounds 1-3 and rounds 5-7. There are so many flaws in his assumptions it will have to wait until we have beers next.There is a Nobel economist that spent some effort to determine the economic rationality of the NFL draft. Interesting stuff. His name escapes me, but he is at U Chicago.
Richard Thaler. https://www.chicagobooth.edu/review/richard-thalers-nfl-draft-advice