The Economics of Persistence: Graduation Rates of Athletes as Labor Market Choice
AbstractIn this paper we analyze data for each Division I National Collegiate Athletic Association (NCAA) school on academic characteristics, athletic characteristics, and graduation rates. Three groups of athletes are studied: male football players, male basketball players, and female basketball players. We find strong empirical evidence that traditional labor market opportunities unrelated to sports are significant explanatory variables of the persistence of athletes. In addition, we find support for the hypothesis that professional opportunities have a significant impact on the graduation rate of athletes. This impact is stronger in sports with higher expected financial returns from this form of nondegree employment.
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Bibliographic InfoArticle provided by University of Wisconsin Press in its journal Journal of Human Resources.
Volume (Year): 31 (1996)
Issue (Month): 3 ()
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Web page: http://jhr.uwpress.org/
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- Kahn, Lawrence M., 2006. "The Economics of College Sports: Cartel Behavior vs. Amateurism," IZA Discussion Papers 2186, Institute for the Study of Labor (IZA).
- Murphy, Kevin J., 2000. "What effect does uncertainty have on the length of labor contracts?," Labour Economics, Elsevier, vol. 7(2), pages 181-201, March.
- Alex Krumer & Tal Shavit & Mosi Rosenboim, 2011. "Why do professional athletes have different time preferences than non-athletes?," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 6(6), pages 542-551, August.
- Lawrence M. Kahn, 2007. "Markets: Cartel Behavior and Amateurism in College Sports," Journal of Economic Perspectives, American Economic Association, vol. 21(1), pages 209-226, Winter.
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