Contract Year Phenomenon in the National Hockey League - Kleebaum, Robert
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Contract Year Phenomenon in the NHL addresses the issue of employee incentives by examining the performance of professional hockey players. The statistical book-keeping in hockey offers a unique opportunity for examining employee performance, something most business settings lack. By first examining how NHL general managers unevenly weight performance in the final year of a player's contract we create motive for shirking. We then individually regress each statistical category on itself, with a dummy variable for contract year, to determine if player performance is statistically different in…mehr

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Produktbeschreibung
Contract Year Phenomenon in the NHL addresses the issue of employee incentives by examining the performance of professional hockey players. The statistical book-keeping in hockey offers a unique opportunity for examining employee performance, something most business settings lack. By first examining how NHL general managers unevenly weight performance in the final year of a player's contract we create motive for shirking. We then individually regress each statistical category on itself, with a dummy variable for contract year, to determine if player performance is statistically different in the final year of a contract. Our findings challenge the current method in which general managers quantify the value of players. With these results a general manager would have the information to eliminate inefficiencies in the current method giving them an information advantage when evaluating free agents. They also suggest that a different contract structure would be more effective in maximizing a player's incentives; which, in turn would maximize their statistical output and give their team the best chance of success.
Autorenporträt
Robert Kleebaum was born in Calgary, AB. A 2013 Princeton University graduate with an Economics degree, hockey has always been his passion. A 4 year varsity hockey player, he was named assistant captain and was on the ECAC All-Academic team his senior year. Post graduation he played professionally for the Las Vegas Wranglers and Missouri Mavericks.