If Cade Massey and Richard Thaler are correct, should the team that has the f irst pick

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If Cade Massey and Richard Thaler are correct, should the team that has the f irst pick in the draft keep the pick or trade it to another team for a lower pick? Briefly explain. Does the 2011 agreement that limits the salaries of drafted players affect your answer?
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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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