Case-Schiller. Massey-Thaler. It’s all good.

I like football draft analytics and I like real estate analytics. Put two smart guys names on it and I’m interested. Brian Burke from Advanced Football Analytics re-examines the impact of the new CBA on Massey-Thaler’s 2005 paper The Loser’s Curse: Decision-Making & Market Efficiency in the NFL Draft. Burke’s results indicate much higher surplus value for “second day” picks of the 2nd and 3rd rounds than previously found. I guess the next step would be to see if any teams are exercising draft strategies to maximize surplus value.