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Professor Cade Massey of the Wharton School at the University of Pennsylvania joins me to discuss the NFL draft. We talk about his research into how NFL teams overvalue the top draft picks. While this implies that teams should trade down for more picks, Cade offers revisions to this rule in light of the importance of the QB position. Cade's research focuses on judgment under uncertainty, and he tells us how NFL teams could learn from the system they use for Wharton admissions.
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Professor Cade Massey of the Wharton School at the University of Pennsylvania joins me to discuss the NFL draft. We talk about his research into how NFL teams overvalue the top draft picks. While this implies that teams should trade down for more picks, Cade offers revisions to this rule in light of the importance of the QB position. Cade's research focuses on judgment under uncertainty, and he tells us how NFL teams could learn from the system they use for Wharton admissions.
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