Three Essays on the Economics of Professional Baseball

Three Essays on the Economics of Professional Baseball PDF Author: Brian Donald Volz
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Three Essays on the Economics of Professional Baseball

Three Essays on the Economics of Professional Baseball PDF Author: Brian Donald Volz
Publisher:
ISBN:
Category :
Languages : en
Pages : 218

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Three Essays on the Economics of Sport.

Three Essays on the Economics of Sport. PDF Author: Paul M. Holmes
Publisher:
ISBN: 9781243750099
Category :
Languages : en
Pages : 72

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I present three essays on the economics of sport, examining salary discrimination in Major League Baseball (MLB), determinants of dismissals of college football coaches, and star player effects on attendance in the National Basketball Association (NBA). New Evidence of Salary Discrimination in Major League Baseball Salary discrimination in MLB has largely been discarded as a research topic. However traditional quantitative methods (particularly least squares regression) have concentrated on the effect of race for the average player. This is not where we should expect to find discrimination, as the relative cost of discriminating against a better player is surely higher. I use quantile regression to uncover salary discrimination against black players in the lower half of the salary distribution. Not only are the premia for white and Hispanic players statistically significant, but they are large: up to 25% for the bottom quintile of players. I also demonstrate that racial effects may be obscured in typical baseball salary regressions when they suffer from omitted variable bias, brought about by failing to properly consider speed and fielding ability. Win or Go Home: Why College Football Coaches Get Fired Models of dismissals of sports executives frequently ignore the development of expectations regarding performance. I explore the interplay between these expectations and the coachs tenure by examining dismissals of college football head coaches from 1983 to 2006. Using a discrete-time hazard model, I demonstrate that schools use prior performance in two ways: to evaluate the ability of the coach, and to establish performance standards for retention. As recent performance is more relevant for estimating ability, I show that stronger recent performances decrease the chance of dismissal, but stronger historic performances increase the chance of dismissal. Results describe a continual learning process on the part of schools. I also consider the effects of race, insider-ness, rivalries, and rules violations on retention. Day to Day with the NBA Superstars I use censored regression (Tobit) analysis on NBA game-level attendance data to examine the superstar externality effect identified by Berri and Schmidt (2006): star players increase road attendance, and since home teams (at least in the NBA) retain 100% of the gate revenues, this constitutes an externality. Game-level data has several advantages over the season-level data employed by Berri and Schmidt: the ability to directly control for sellouts, estimation of dynamic intra-season attendance effects, and the lack of sensitivity to star player distribution. A new intra-season effect estimated is a superstar substitution effect accounting for a star0́9s negative effect on attendance at adjacent games, partially mitigating the superstar externality.

Three Essays on Sports Economics

Three Essays on Sports Economics PDF Author: Daraius Sarosh Irani
Publisher:
ISBN:
Category : Discrimination in sports
Languages : en
Pages : 158

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Sports Economics After Fifty Years

Sports Economics After Fifty Years PDF Author: Plácido Rodríguez
Publisher: Universidad de Oviedo
ISBN: 9788483176054
Category : Professional sports
Languages : en
Pages : 232

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Book Description
This book is a collection of ten essays, which are the result of the "Conference on Sports Economics: Rottenberg's Golden Anniversary" at the University of Oviedo in Gijón, Spain (28-29 April 2006), held on the occasion of the 50th anniversary of an article by Simon Rottenberg in the "Journal of Political Economy" titled "The Baseball Players' Labor Market". The essays can be grouped into three broad themes: the economic impact of sport and the economic analysis of public policies with regard to sport; the economic analysis of professional sports; and the analysis of European football and its future perspectives.

Three Essays in Applied Economics

Three Essays in Applied Economics PDF Author: Yongwon Cho
Publisher:
ISBN: 9781303465260
Category :
Languages : en
Pages :

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The purpose of this dissertation is to verify which factors determine the decision maker's behavior in two different cases theoretically and empirically: contract between a baseball player and a team owner in baseball market and participating in the National School Lunch Program (NSLP). The first paper considers the baseball player's decision-making procedure in determining whether to switch from a short-term contract to a long-term contract. I analyze shirking behavior in the baseball labor market after baseball players sign a long-term contract and verify empirically by using Major League Baseball (MLB) data. The second paper investigates parents' and children's decision-making procedures and the effects of those decisions on a child's Body Mass Index (BMI). A two-stage optimization problem involving the parent and their child is employed to analyze the child's food choice in school as limited by her parent's decision of whether to participate in the NSLP and I empirically demonstrate that the child's probability of being obese decreases when the child participates in the NSLP by employing data from the Early Childhood Longitudinal Study (ECLS-K). Finally, the last paper extends the second chapter's theoretical model into a three-stage optimization problem between the parent and their child. The parent decides whether to participate in the NSLP in the first stage. They are able to observe their child's BMI after joining the program and can then decide whether to continue participating in the program or leave. And the result is tested by using ECLS-K data.

Three Essays on Economic Behavior of Business in the U.S. Sports Industry

Three Essays on Economic Behavior of Business in the U.S. Sports Industry PDF Author: Komson Chanprapan
Publisher:
ISBN:
Category : Labor economics
Languages : en
Pages : 109

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The Call Up to the Majors

The Call Up to the Majors PDF Author: Thomas A. Rhoads
Publisher: Springer
ISBN: 1461489245
Category : Business & Economics
Languages : en
Pages : 140

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Book Description
This book explores the unique relationships between professional baseball teams and the unique ways professional baseball leagues are organized in North America with a primary focus on how proximity can and does impact consumer demand. Perhaps more than any other matter that arises in the business of baseball, proximity to other professional baseball teams is a concern that has uniquely shaped professional baseball leagues in North America. It is this particular component in how professional baseball leagues are organized that suggests building a proximity-based approach to studying the economics of minor league baseball. This book opens up new ways to study minor league baseball, specifically, and sports leagues more generally. So even as advanced technology has eliminated some of the need for fans to be in close proximity to the teams they love to follow, there is still a need to understand more completely how proximity matters can impact the way professional baseball leagues are structured and how that structure can ultimately impact the quality of the games that entertain sports fans everywhere. This book will be of interest to both sports economists and practitioners.

Circling the Bases

Circling the Bases PDF Author: Andrew Zimbalist
Publisher: Temple University Press
ISBN: 1439902844
Category : Business & Economics
Languages : en
Pages : 235

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Book Description
Contains essays in which Andrew Zimbalist examines the challenges facing the sports industry in the second decade of the twenty-first century, discussing the financial crisis in college sports, labor relations in professional leagues, the economic impact of the Olympics, and other topics.

The Ball Game Biz

The Ball Game Biz PDF Author: David George Surdam
Publisher: McFarland
ISBN: 0786462272
Category : Sports & Recreation
Languages : en
Pages : 205

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Book Description
This work uses economic theory, simple probability, statistical concepts and game theory to analyze the economics of professional sports. It treats sports leagues as cartels and uses historical examples to test theories regarding labor economics. Many key issues that have sparked raging arguments among fans and writers are addressed, including free agency's effect on competitive balance, how rising player salaries have/haven't affected ticket prices, and the effect of a new stadium on the local economy, among many others. Instructors considering this book for use in a course may request an examination copy here.

The Economics of Professional Team Sports

The Economics of Professional Team Sports PDF Author: Paul Downward
Publisher: Routledge
ISBN: 1134618492
Category : Business & Economics
Languages : en
Pages : 262

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Book Description
This book is unique in offering the first truly rigorous application of economic principles to the subject of professional team sports.