Baseball Economics Resources
Would major league baseball be better off if it had a salary cap? Are latino players discriminated against in salary arbitration? These are just a few of the issues baseball economists research.
Baseball Players and Opportunity Costs
Article shows how the Toronto Blue Jays used the microeconomic concept of Opportunity Cost in making their player personnel decisions.
Article shows how the Toronto Blue Jays used the microeconomic concept of Opportunity Cost in making their player personnel decisions.
Valuing Professional Sports Franchises: An Econometric Approach
An essay by Kelly Smith: Sports franchises often boast values of striking magnitudes. The Yankees, for example, are nearing the $1 billion mark. Football teams have an average value of $530 million and even the less popular and less prosperous NHL teams exceed $150 million on average.
An essay by Kelly Smith: Sports franchises often boast values of striking magnitudes. The Yankees, for example, are nearing the $1 billion mark. Football teams have an average value of $530 million and even the less popular and less prosperous NHL teams exceed $150 million on average.
A Season Later: Baseball Players and Opportunity Costs
Before the 2003 baseball season began, I wrote an article called “Baseball Players and Opportunity Costs” that used the concept of opportunity cost to examine the off-season roster moves made by the Toronto Blue Jays. This is the followup to that article.
Before the 2003 baseball season began, I wrote an article called “Baseball Players and Opportunity Costs” that used the concept of opportunity cost to examine the off-season roster moves made by the Toronto Blue Jays. This is the followup to that article.
Leaky Stadiums
A look at stadium subsidy policies, and if government subsidies of stadiums is a good investment.
A look at stadium subsidy policies, and if government subsidies of stadiums is a good investment.
The Winner's Curse - Oil Field Economics and Baseball
A look at oil fields, baseball players, economics, the winner's curse, and game theory
A look at oil fields, baseball players, economics, the winner's curse, and game theory
Sunk Costs and Trade Deadline Baseball Deals
I really wish that more sports writers would read my "Baseball Players and Opporunity Costs" article as some of them need a lesson in economic concepts such as "opportunity costs" and "sunk costs". For instance, consider the recent trade that sent Shannon Stewart to the Minnesota Twins and Bobby Kielty to the Toronto Blue Jays.
I really wish that more sports writers would read my "Baseball Players and Opporunity Costs" article as some of them need a lesson in economic concepts such as "opportunity costs" and "sunk costs". For instance, consider the recent trade that sent Shannon Stewart to the Minnesota Twins and Bobby Kielty to the Toronto Blue Jays.
The Winner's Curse - Oil Field Economics and Baseball
A look at oil fields, baseball players, economics, the winner's curse, and game theory
A look at oil fields, baseball players, economics, the winner's curse, and game theory