And what we find is that teams place a very high value on high
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There’s a second wonderful paper on this general subject by Cade Massey and Richard Thaler Thaler being, of course, one of the leading lights in behavioral economics called « The Loser’s Curse. » The argument of the Thaler Massey paper goes something like this (and I encourage anyone who is interested in sports to read the whole thing, because I can’t do it justice here). By looking at the trades that NFL teams make, we can estimate the « market value » of a draft pick. And what we find is that teams place a very high value on high first round picks.
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I think ISU may have been a different team if they had been playing in front of 10 Cheap Jerseys china,000 Cyclone faithful instead of being stuck in Boise with only a few hundred fans. Having attended the first/second rounds for 10 straight years, I know that the crowds at these games always get fired up for the big underdogs if they have a chance Cheap Jerseys china, and this can really help these teams get over the hump when playing a top seed. By making these lower seeds play first round games in potentially hostile environments more often, don’t you think it could decrease their chances of winning?.
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