Thanks for the memories: baseball veterans' end-of-career salaries

Article Abstract:

Empirical evidence shows that the peak salaries of veteran players in Major League Baseball who are approaching the end of their careers depend on performance. An analysis of the experience of 123 position baseball players who were active in at least one of the years between 1986 and 1990 and played in at least 1,000 games with no less than 500 appearances at one position supports this conclusion. Another significant finding is that player performance is recognized and rewarded by general managers over the long haul in the form of higher salaries, which normally peak after a player has spent nine years in the league.

Wage Administration, Sports Teams and Clubs, Sports clubs, managers, & promoters, Professional Baseball, Compensation and benefits, Compensation management, Wages, Wages and salaries, Baseball players

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Quasi-Cournot behavior in a multimarket, multiplant setting

Article Abstract:

An examination of multimarket oligopoly which considers the price and production functions of single-product producers which could compete in other markets was presented. Among the other factors considered were plant-capacity constraints, selling options and quasi-Cournot elements. It was concluded that increased production among competitors currently producing underneath their capacity will result in decreased output for their markets while increased production in a state wherein competitors are producing at capacity will result in production increases in one and possibly all markets.

Models, Economic aspects, Industrial productivity, Oligopolies, Industrial capacity

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If you play well they will come-and vice versa: bidrectional causality in major-league baseball

Article Abstract:

The interrelation between sports team performance and audience percentage is examined by focusing on major-league baseball. Granger-causality test is being implemented for this purpose.

United States, Analysis, Usage, Statistical methods, Baseball teams, Ticket sales

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