Show simple item record

dc.contributor.authorRyan, Julianen_US
dc.date.accessioned2015-04-09T13:56:02Z
dc.date.created2015-05en_US
dc.date.issued2015-04-09en_US
dc.date.submitted2015en_US
dc.identifier.citationRyan, Julian. 2015. Show Me the Money: Examining the Validity of the Contract Year Phenomenon in the NBA. Bachelor's thesis, Harvard College.en_US
dc.identifier.urihttp://nrs.harvard.edu/urn-3:HUL.InstRepos:14398539
dc.description.abstractThe media narrative of the ‘contract year effect’ is espoused across all major professional American sports leagues, particularly the MLB and NBA. In line with basic incentive theory, this hypothesis has been shown to be true in baseball, but the analysis in basketball to this point has been flawed. In estimating the contract year effect in the NBA, this paper is the first to define rigorously the various states of contract incentives, the ignorance of which has been a source of bias in the literature thus far. It further expands on previous analyses by measuring individual performance more broadly across a range of advanced metrics. Lastly, it attempts to account for the intrinsic endogeneity of playing in a contract year, as better players get longer contracts and are thus less likely to be in a contract year, by using exogenous variations in the NBA’s contract structure to form an instrument, and by comparing performance to a priori expectations. In this manner, this paper produces the first rigorous finding of a positive contract year phenomenon. The estimated effect is about half that found in baseball, equivalent to a 3-5 percentile boost in performance for the median player in the NBA.en_US
dc.format.mimetypeapplication/pdfen_US
dc.language.isoenen_US
dash.licenseLAAen_US
dc.subjectEconomics, Laboren_US
dc.titleShow Me the Money: Examining the Validity of the Contract Year Phenomenon in the NBAen_US
dc.typeThesis or Dissertationen_US
dash.depositing.authorRyan, Julianen_US
dc.date.available2015-04-09T13:56:02Z
thesis.degree.date2015en_US
thesis.degree.grantorHarvard Collegeen_US
thesis.degree.levelUndergraduateen_US
thesis.degree.nameABen_US
dc.type.materialtexten_US
thesis.degree.departmentApplied Mathematicsen_US
dash.identifier.vireohttp://etds.lib.harvard.edu/college/admin/view/61en_US
dash.title.page1en_US
dash.author.emailryan.julian93@gmail.comen_US
dash.identifier.drsurn-3:HUL.DRS.OBJECT:25267811en_US
dash.contributor.affiliatedRyan, Julian


Files in this item

Thumbnail
Thumbnail

This item appears in the following Collection(s)

Show simple item record