How Does the Stage of a Contract Affect Performance: Evidence from Professional Basketball
This study uses theories of motivation to analyze how performance changes over the life of a contract. Utilizing performance data for professional basketball players in the NBA for three seasons, the results show that performance does change over the life of a contract. Factors affecting how much control a player has over his performance are found to be important in how the players' performance changes as the contract completion nears.
Mirowska, Agata. (2007). How Does the Stage of a Contract Affect Performance: Evidence from Professional Basketball. Sprott Letters, April(2007).