This collection of contributions by 14 professional economists analyzes the current economic issues in major league baseball. Most of these issues are related to the recent disputes between owners and players over a collective bargaining agreement and between large-market and small-market owners over revenue sharing. Issues addressed include the impact of the construction of new stadiums and racial discrimination on attendance. In addition, players' salaries, free agency, cost of player development, and arbitration are discussed.
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“Baseball Economics is a collection of 14 articles, most of which integrate existing literature, theoretical underpinnings, and the results of empirical research....Topics these two dozen researchers treat include the influences on attendance, racial discrimination, salary determination and salary arbitration, luxury taxes, and revenue sharing....the book contains good data sets, solid models, and excellent bibliographical references.”–Choice
From the Publisher
Baseball Economics is a collection of 14 articles, most of which integrate existing literature, theoretical underpinnings, and the results of empirical research....Topics these two dozen researchers treat include the influences on attendance, racial discrimination, salary determination and salary arbitration, luxury taxes, and revenue sharing....the book contains good data sets, solid models, and excellent bibliographical references.
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