tag:blogger.com,1999:blog-4748060798655400108.post6906821500665765732..comments2023-11-02T08:55:35.510-07:00Comments on Market Design: The WSJ on the football draft and market designAl Rothhttp://www.blogger.com/profile/02232854038397912604noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4748060798655400108.post-4065037487761205862010-04-23T15:27:58.495-07:002010-04-23T15:27:58.495-07:00The implementation of this design could be extreme...The implementation of this design could be extremely repugnant. Walking someone onto a stage (often a minority) and having bids placed on them for physical service could be devastating to the NFL's image and business.<br /><br />While the draft design may make the outcomes more interesting, its parallels to our image of slave auctions are a likely impedance to any attempt at its adoption.Stephannoreply@blogger.comtag:blogger.com,1999:blog-4748060798655400108.post-73605259899421551892010-04-23T00:41:30.473-07:002010-04-23T00:41:30.473-07:00Hey guys, nice work here!
As a draft replacement ...Hey guys, nice work here!<br /><br />As a draft replacement though, it seems like you would really want to run a formal iterated combinatorial auction with sophisticated side constraints (e.g., I might be interested in both Sam Bradford and Colt McCoy but never give me more than one quarterback).<br /><br />Also, there might be all sorts of weird non-IPV effects in terms of the allocations that your division rivals receive.Abe Othmanhttp://AIecon.tumblr.comnoreply@blogger.comtag:blogger.com,1999:blog-4748060798655400108.post-60512992679439736922010-04-22T21:16:08.193-07:002010-04-22T21:16:08.193-07:00If the top picks cost so much and are a bust 50% o...If the top picks cost so much and are a bust 50% of the time, why don't more teams trade away the top picks for established players? This doesn't seem to happen too often.Very tall Chrishttps://www.blogger.com/profile/17244781731223153410noreply@blogger.com