Wirtschaftswissenschaftliche Diskussionspapiere // Ernst-Moritz-Arndt-Universität Greifswald, Rechts- und Staatswissenschaftliche Fakultät 03/2002
We estimate Cox models to determine proportional hazard rates in professional basketball, concerning leaving the league or changing the team by using a database covering all players of the NBA in the 90's. We predict and confirm that league-hazards depend on a player's performance. A teamswitch, however, cannot depend on low performance itself because there has to be a team willing to accept the (new) player. Accordingly we find that a good scoring performance and an intense use of a player reduces the probability of a team-switch, whereas high salaries or non-scoring performance do not.