Abstract
The NBA installed the draft mechanism to fairly distribute young amateur players among its franchises. As this policy hinges on appropriate talent evaluation skills of the respective organizations, it can be considered a proxy for decision‐making under uncertainty. Such judgments are prone to fallacies and systemic mistakes. The article found the RSCI rank as a problematic metric, which is the source for systematic draft errors. It can be shown that in many cases, managers do not deviate enough from the pre‐draft rankings of players, leading to systematically over‐ and undervaluing certain groups of talents. This can be described as a decision‐quality‐lowering anchoring bias.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
