DATA‐DRIVEN DRAFTING: APPLYING ECONOMETRICS TO EMPLOY QUARTERBACKS.
We show that firms can employ data‐driven methods to improve their hiring decisions. Specifically, we use data available to National Football League (NFL) teams prior to the NFL draft to estimate econometric models that predict the future performance of drafted quarterbacks. As our methods are repli...
| Published in: | Contemporary Economic Policy Vol. 38; no. 2; pp. 313 - 327 |
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| Main Authors: | , |
| Format: | Article |
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Wiley-Blackwell
Apr2020
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=141784726&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 141784726 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 10743529 CEY jtl: Contemporary Economic Policy issn: 10743529 maglogo: Y pubinfo: dt: Apr2020 vid: 38 iid: 2 pid: 480 pub: Wiley-Blackwell artinfo: ui: 141784726 10.1111/coep.12454 ppf: 313 ppct: 14 formats: fmt: – @attributes: type: T – @attributes: type: C – @attributes: type: P size: 366KB tig: atl: DATA‐DRIVEN DRAFTING: APPLYING ECONOMETRICS TO EMPLOY QUARTERBACKS. aug: au: Rosen, Jeremy Olbrecht, Alexandre affil: Anisfield School of Business, Ramapo College of New Jersey, Mahwah NJ, 07430 su: National Football League Econometrics Econometric models Job performance sug: subj: Econometrics Econometric models Job performance National Football League ab: We show that firms can employ data‐driven methods to improve their hiring decisions. Specifically, we use data available to National Football League (NFL) teams prior to the NFL draft to estimate econometric models that predict the future performance of drafted quarterbacks. As our methods are replicable, stakeholders can use them to improve the draft's efficiency and help it accomplish its mission to promote competitive balance. Furthermore, data‐driven methods such as ours can help firms avoid biases against employee characteristics that do not affect future job performance. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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