nep-spo New Economics Papers
on Sports and Economics
Issue of 2006‒04‒01
two papers chosen by
Joao Carlos Correia Leitao
Universidade da Beira Interior

  1. Simon Rottenberg and Baseball, Then and Now: A 50th Anniversary Retrospective By Allen R. Sanderson; John J. Siegfried
  2. The Perils of Betting to Win: Aspiration and Survival in Jeopardy! Tournament of the Champions By Elizabeth Boyle; Zur Shapira

  1. By: Allen R. Sanderson (Department of Economics, University of Chicago); John J. Siegfried (Department of Economics, Vanderbilt University and AEA)
    Abstract: Fifty years ago the JPE published Simon Rottenberg's "The Baseball Players' Labor Market", the first professional journal article in sports economics. In this retrospective we review some of his insights and analyses with regard to competitive balance, constraints on payroll and freedoms to contract, revenue sharing, territorial rights and the supply of talent. We also note subsequent industry developments Rottenberg could not have anticipated, and identify where he was ahead of his time.
    Keywords: Rottenberg, baseball, invariance theorem, Coase theorem, reserve clause
    JEL: B21 B31 D23 J3 J4 L83
    Date: 2006–03
  2. By: Elizabeth Boyle; Zur Shapira
    Date: 2006–03–27

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