IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/14821_12.html
   My bibliography  Save this book chapter

Achieving transactional efficiency in professional team sports: the theory and practice of player valuation

In: Handbook on the Economics of Professional Football

Author

Listed:
  • Bill Gerrard

Abstract

In this comprehensive Handbook, John Goddard and Peter Sloane present a collection of analytical contributions by internationally regarded scholars in the field, which extensively examine the many economic challenges facing the world's most popular team sport.

Suggested Citation

  • Bill Gerrard, 2014. "Achieving transactional efficiency in professional team sports: the theory and practice of player valuation," Chapters, in: John Goddard & Peter Sloane (ed.), Handbook on the Economics of Professional Football, chapter 12, pages 189-202, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14821_12
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/view/9781781003169.00019.xml
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Scully, Gerald W, 1974. "Pay and Performance in Major League Baseball," American Economic Review, American Economic Association, vol. 64(6), pages 915-930, December.
    2. John Charles Bradbury, 2013. "What Is Right With Scully Estimates of a Player’s Marginal Revenue Product," Journal of Sports Economics, , vol. 14(1), pages 87-96, February.
    3. Barry Reilly & Robert Witt, 1995. "English league transfer prices: is there a racial dimension?," Applied Economics Letters, Taylor & Francis Journals, vol. 2(7), pages 220-222.
    4. Anthony C. Krautmann, 2013. "What Is Right With Scully Estimates of a Player’s Marginal Revenue Product," Journal of Sports Economics, , vol. 14(1), pages 97-105, February.
    5. Jahn K. Hakes & Raymond D. Sauer, 2006. "An Economic Evaluation of the Moneyball Hypothesis," Journal of Economic Perspectives, American Economic Association, vol. 20(3), pages 173-186, Summer.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Terry, Ryan P. & McGee, Jeffrey E. & Kass, Malcolm J., 2018. "The not-so-free agent: Non-performance factors that contribute to free agent compensation premiums," Sport Management Review, Elsevier, vol. 21(2), pages 189-201.
    2. Rodney Fort & Young Hoon Lee & Taeyeon Oh, 2019. "Quantile Insights on Market Structure and Worker Salaries: The Case of Major League Baseball," Journal of Sports Economics, , vol. 20(8), pages 1066-1087, December.
    3. Jin Lee & Young Hoon Lee, 2021. "Development of a Win Production Function and Evaluation of Cross-Sectional Dependence," Journal of Sports Economics, , vol. 22(4), pages 412-431, May.
    4. Anthony C. Krautmann, 2018. "Contract Extensions," Journal of Sports Economics, , vol. 19(3), pages 299-314, April.
    5. Roger D. Blair & Brad R. Humphreys & Hyunwoong Pyun, 2017. "Monopsony Exploitation in Professional Sport: Evidence from Major League Baseball Position Players, 2000–2011," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 38(5), pages 676-688, July.
    6. Peter K. Hunsberger & Seth R. Gitter, 2015. "What is a Blue Chip Recruit Worth? Estimating the Marginal Revenue Product of College Football Quarterbacks," Journal of Sports Economics, , vol. 16(6), pages 664-690, August.
    7. Fort, Rodney & Maxcy, Joel & Diehl, Mark, 2016. "Uncertainty by regulation: Rottenberg׳s invariance principle," Research in Economics, Elsevier, vol. 70(3), pages 454-467.
    8. John Charles Bradbury, 2007. "Does the Baseball Labor Market Properly Value Pitchers?," Journal of Sports Economics, , vol. 8(6), pages 616-632, December.
    9. Joshua M. Congdon-Hohman & Jonathan A. Lanning, 2018. "Beyond Moneyball," Journal of Sports Economics, , vol. 19(7), pages 1046-1061, October.
    10. Thomas Zimmerfaust, 2018. "Are Workers Willing To Pay To Join A Better Team?," Economic Inquiry, Western Economic Association International, vol. 56(2), pages 1278-1295, April.
    11. Jahn Hakes & Chad Turner, 2011. "Pay, productivity and aging in Major League Baseball," Journal of Productivity Analysis, Springer, vol. 35(1), pages 61-74, February.
    12. Elitzur, Ramy, 2020. "Data analytics effects in major league baseball," Omega, Elsevier, vol. 90(C).
    13. John Charles Bradbury, 2013. "What Is Right With Scully Estimates of a Player’s Marginal Revenue Product," Journal of Sports Economics, , vol. 14(1), pages 87-96, February.
    14. Brian M. Mills, 2017. "Policy Changes In Major League Baseball: Improved Agent Behavior And Ancillary Productivity Outcomes," Economic Inquiry, Western Economic Association International, vol. 55(2), pages 1104-1118, April.
    15. Lloyd-Jones, Luke R. & Nguyen, Hien D. & McLachlan, Geoffrey J., 2018. "A globally convergent algorithm for lasso-penalized mixture of linear regression models," Computational Statistics & Data Analysis, Elsevier, vol. 119(C), pages 19-38.
    16. Rockerbie, Duane & Easton, Stephen, 2019. "A Real Options Approach to Multi-Year Contracts in Professional Sports," MPRA Paper 93062, University Library of Munich, Germany.
    17. Jadrian J. Wooten & Dustin R. White, 2018. "An In-Class Experiment to Teach Marginal Revenue Product Using the Baseball Labor Market and Moneyball," Journal of Economics Teaching, Journal of Economics Teaching, vol. 3(1), pages 115-133, May.
    18. Martin Schmidt, 2011. "Institutional Change and Factor Movement in Major League Baseball: An Examination of the Coase Theorem’s Invariance Principle," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 39(3), pages 187-205, November.
    19. Reio Tanji, 2021. "Reference Dependence and Monetary Incentives: Evidence from Major League Baseball," Discussion Papers in Economics and Business 20-23, Osaka University, Graduate School of Economics.
    20. Stephen Shmanske, 2007. "Austrian themes, data, and sports economics," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 20(1), pages 11-24, March.

    More about this item

    Keywords

    Economics and Finance;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eechap:14821_12. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.