This article explores the dilemma of choosing talent using NBA data from 1987 to 2003. We find there is much uncertainty in selecting talent. If superstars are found, they are usually identified early. However, more false positives exist than correct decisions with high draft picks. Our results suggest the dilemma of choosing talent is not so much a winner's curse but more like a purchase of a lottery ticket. Most times you lose, but, if you are going to win, you must buy a ticket.
No Reference information available - sign in for access.
No Citation information available - sign in for access.
No Supplementary Data.
No Article Media
Document Type: Research Article
3093 Raley Hall, Appalachian State University, Boone, NC 28608, USA
317 Sloan Hall, Central Michigan University, Mt. Pleasant, MI 48859, USA
3092 Raley Hall, Appalachian State University, Boone, NC 28608, USA
Publication date: 2009-11-01
More about this publication?