Thursday, April 30, 2015

College Education as a Signalling Device for NFL Teams

The Wall Street Journal reports that the Philadelphia Eagles prefer to draft college graduates as opposed to players that choose to leave college before finishing their degree.  This could be an example of signalling that I talk about in Principles of Microeconomics.  It could also be that since a college degree takes longer to achieve that the players are more experienced than those that leave college early and thus are more productive.  Untangling that would be important as to whether it is due to signalling, experience or a combination of the two.

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