1. Explain why economists do not see the labor market in sports as a competitive one.

2. Briefly explain how the modern NFL draft came about.

3. What percentage of their value do players with less than three years of experience in the NFL make?

4. Which picks have the most value in the NFL draft?

5. How is value in this instance determined?

6. How much does draft position explain quarterback's performance?

7. What happens to the percentage when we correct for the correlation between draft position and playing time?

8. How much did Matthew Stafford make in 2009? Knowing the above information, was this a wise draft selection? Why or why not?

9. What determines draft selection more, college performance or NFL Combine factors?

10. What is the optimal BMI index for QB's entering the draft?

11. How many point increase in the Wolderlic test results in being drafted one round higher?

Answer rating: 100% (QA)

1 Economists do not see the labor market in sports as competitive due to several factors Limited number of teams In many sports leagues there are a limited number of teams competing for talent leading ... View the full answer