tag:blogger.com,1999:blog-8405461353905329786.post8497178602854231351..comments2023-10-07T06:41:17.098-07:00Comments on I'll take real life for $2000 Alex: Thoughts on the Value of NFL Draft PicksJChttp://www.blogger.com/profile/17454042380517829871noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8405461353905329786.post-20423586968466575932009-05-09T09:19:00.000-07:002009-05-09T09:19:00.000-07:00Yeah, you nailed it. It's a mixture of a lemons p...Yeah, you nailed it. It's a mixture of a lemons problem (whereby the asymmetric information of who they should draft shuts down the market) and a principal agent problem (whereby the GMs don't build for the benefit of the organization several years down the line; they just build to keep their job). You nailed it. How come the Wharton MBAs can't do this type of analysis?MattShttp://www.statspeak.netnoreply@blogger.com