getCITED   
  Home     Search     Add Content     Reports     Help  
Edit Publication | Edit Contributors | Delete Publication | Edit References | Edit Citations
Add to Bookstack | Show Bookstack | Change Bookstack

Sunk costs in the NBA: why draft order affects playing time and survival in professional basketball

Post a Comment
CONTRIBUTORS:
  Author Staw, Barry M. (University of California Berkeley)
  Author Hoang, Ha
JOURNAL:
  Administrative Science Quarterly , 40(??), 474 - 94.
YEAR: 1995
PUB TYPE: Journal Article
SUBJECT(S): National-Basketball-Association; Sunk-costs; Basketball-Professional-Economic-aspects; Basketball-players; Commitment-Psychology
DISCIPLINE: No discipline assigned
HTTP:
LANGUAGE: English
PUB ID: 103-344-217 (Last edited on 2005/03/10 10:22:38 US/Mountain)
SPONSOR(S):
 
ABSTRACT:
This study represents one of the first quantitative field tests of the sunk-cost effect. We tested whether the amount teams spent for players in the National Basketball Association (NBA) influenced how much playing time players got and how long they stayed with NBA franchises. Sunk costs were operationalized by the order in which players were selected in the college draft. Draft order was then used to predict playing time, being traded, and survival in the NBA. Although one might logically expect that teams play and keep their most productive players, we found significant sunk-cost effects on each of these important personnel decisions. Results showed that teams granted more playing time to their most highly drafted players and retained them longer, even after controlling for players' on-court performance, injuries, trade status, and position played. These results are discussed in terms of their implications for both sunk-cost research and the broader literature on managerial decision making.
STATISTICS
Click on # to view
 Citations   1 
 References  
 Comments  
 Quality      0/0.00 
 Interest      0/0.00 
 View(er)s   3/2205 
Quality
  N/A
High
  7
  6
  5
  4
  3
  2
  1
Low
Interest
  N/A
High
  7
  6
  5
  4
  3
  2
  1
Low
Prev | Next

    ABOUT getCITED   |    CONTACT US   |    USER INFO   |    PREFERENCES   |    PRIVACY   |    LOG IN   
Comments? Suggestions? Send them to feedback@getCITED.org.

Copyright © 2000-2013 getCITED Inc. All Rights Reserved.