Empirical Test of a Separating Equilibrium in National Football League Contract Negotiations
实证检验了NFL合同谈判中的分离均衡，发现延迟签约的球员会获得更优厚的合同，且拥有关于自身能力的正面私人信息。
I empirically test for a separating equilibrium in the bargaining contract of National Football League (NFL) contract negotiations. The separating equilibrium predicts that a player who delays contractual agreement signs a more lucrative contract and has positive private information on his ability level at the time of contract negotiations. These predictions are tested using data on 1,873 players selected in the 1986 through 1991 NFL drafts. The empirical results support the implications of the separating equilibrium.