Abstract
Drafting in sports is an endeavor in which there is a great degree of subjectivity and value judgement. This requires the individuals responsible for decision making to have sound abilities to evaluate talent. However, each and every draft has a sub-optimal order of drafted individuals. Consequently, there is a need for identification of the biases and systematic errors that take place in the evaluation process.
This paper aims to identify and evaluate the decision making biases commonly present amongst the drafting process and combine them with a data-driven evaluation of the resulting performance of the drafted players. The study will then offer conclusions resulting from commonalities among over-achieving players to illustrate avenues in which teams are overlooking talent.
Primary Advisor
Bharat Maheshwari
Program Reader
Yash Aneja
Degree Name
Master of Business Administration
Department
Business Administration
Document Type
Major Research Paper
Convocation Year
2024