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Offensive Performance, Omitted Variables, and the Value of Speed in Baseball

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Author Info

  • Theodore L. Turocy

    (Texas A&M University)

Abstract

This note considers the problem of estimating the marginal products of offensive events towards a baseball team's objective of scoring runs. Regression techniques on official statistics give a positive marginal product for a stolen base attempt, which is inconsistent with the theory of mixed strategy Nash equilibrium. Augmenting the specification of the production function to include other productive qualities of footspeed restores estimates consistent with equilibrium theory.

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File URL: http://128.118.178.162/eps/em/papers/0312/0312005.pdf
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Bibliographic Info

Paper provided by EconWPA in its series Econometrics with number 0312005.

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Length: 11 pages
Date of creation: 19 Dec 2003
Date of revision:
Handle: RePEc:wpa:wuwpem:0312005

Note: Type of Document - ; prepared on Linux; pages: 11
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Web page: http://128.118.178.162

Related research

Keywords: Omitted variable bias; mixed strategies; equilibrium test; baseball;

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  1. Mark Walker & John Wooders, 2001. "Minimax Play at Wimbledon," American Economic Review, American Economic Association, vol. 91(5), pages 1521-1538, December.
  2. P.-A. Chiappori, 2002. "Testing Mixed-Strategy Equilibria When Players Are Heterogeneous: The Case of Penalty Kicks in Soccer," American Economic Review, American Economic Association, vol. 92(4), pages 1138-1151, September.
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Cited by:
  1. Stekler, H.O. & Sendor, David & Verlander, Richard, 2010. "Issues in sports forecasting," International Journal of Forecasting, Elsevier, vol. 26(3), pages 606-621, July.

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