Question Set: Coleman, DuMond & Lynch MDE 2010
Read the article and answer the questions one by one.
Coleman, B. Jay, J. Michael DuMond & Allen K. Lynch. 2010. “Evidence of Bias in NCAA Tournament Selection and Seeding”, Managerial and Decision Economics. 31: 431-452.
1. Interpret the empirical results for each specification for both the logit and the odds ratio estimates from Table 4.
2. Interpret the empirical results for each specification for both the cumulative probit and the OLS estimates from Table 5.
3. The authors find bias in the selection and seeding of NCAA basketball teams. Explain how their conclusions are supported by the data.