Browsing by Author "Lao, Kyles Jefferson Tan"
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Item Restricted New age performance metrics in the current NBA landscape: how win shares and wage disparity affect an NBA player’s value and productivity(2017-06) Fernando, Giancarlo Luis Barretto ; Lao, Kyles Jefferson Tan ; Escresa, Laarni C.This study analyzes whether Win Shares, a newer metric which takes into account a player’s contribution as part of a basketball team, instead of the usual measure of individual performance (the Player Efficiency Rating or PER) can better explain the salary of an individual player. Additionally, this study also analyzed whether the level of salary dispersion affects the team output production based on theories articulated in past studies. To do this, the authors constructed the Gini coefficient as a measure of wage disparity in a team. The results obtained from the regressions indicate that Win Shares are undoubtedly a better measure of an NBA player’s value compared to the traditional measure of individual contributions which is PER. Moreover, the results also showed that the level of wage disparity is not significant and thus, does not affect production, which is different from the findings in other sports such as baseball.