Jeremias, thanks for this clarification, what is a good segue for what I hope is a general clarification/contextualization of all the recent modifications to past procedure, embodied in
http://stats-for-the-nba.appspot.com/ratings/2014.html. Perhaps I am missing something, but as I understand things, your 2014 results differ from previous years' estimates in the following way:
(1) Now pure RAPM, not xRAPM (i.e. no priors, neither box-score nor previous year estimates)
(2) Aging Curve effects are incorporated.
(3) Effort Curve (Line?) effects (the topic here) are incorporated.
(4) Coaches have been added to the regression as well.
(3) RSMEs (a suggestion of standard errors) are provided.
Is that it? Assuming so, the question I have, and I am supposing that I am not alone, is what would be the independent effect of each of (or sub-group of) these factors when incorporated in the xRAPM framework?
These are my conjectures:
(1) A 2014 xRAPM would not look dissimilar in range and general characteristics to the years preceding it. As such, one could be absolutely sure that a 6'6" SF/SG wouldn't be topping the list, owing to his being the highest ranked defender in the NBA.
(2) Aging Curve effects would be very small. What the curve shows are very small annual changes (approx. 0.2 points per year up then down) for the vast majority of players (ages 22 to 33) who play the vast majority of possession. Players playing disproportionately with much older or younger teammates would be affected most, but such results would be exceptional and still not that large.
(3) The effect of incorporating the "Effort Curve" too should also be quite small, no? (At least, proportionately, in terms of its effect on the ratings of the best and worst players.) Suppose you are a LeBron James - a very good player, playing for a very good team. As a result of his and team's efforts, he finds himself playing a lot with his team in the lead. Let's say his average possession sees him playing with a 10 point lead. So, this should lead to a 0.35 (upward?) adjustment to his rating? If this is correct, such an adjustment is not nothing (and there is also the issue of how one should interpret this factor, but that is another discussion) but it isn't much.
(4) And this leaves the Coaching factor. In another string, I expressed concerns about these estimates, and I won't repeat those arguments here. But I do have an econometric question. To what extent are the coaching estimates misleading for their picking up above/below-average player development not owing to coaching "intervention"? I am supposing that the supposed greatness of Scott Brooks is in significant measure an "arbitrary" subtraction of value from Kevin Durant (what for example didn't occur with LBJ for the timing of the Cavs coaching changes).
(5) Finally, the question of "error of estimation". It sure would be interesting to see what the RMSEs were for xRAPM estimates, with the sequential inclusion of the above modifications.