The Theory of Theft: An Inspection Game Model of the Stolen Base Play in Baseball
AbstractThis paper applies the theory of equilibrium in mixed strategies in an inspection game model to describe the strategic interaction in the stolen base play in baseball. A parsimonious simultaneous-move game model offers predictions about how the observable conduct of the teams on offense and defense responds as the characteristics of the players involved change. The theory organizes observations from play-by-play data from Major League Baseball, where highly-motivated, experienced professionals interact in an environment where private information is not significant.
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Bibliographic InfoPaper provided by EconWPA in its series Game Theory and Information with number 0401005.
Length: 18 pages
Date of creation: 23 Jan 2004
Date of revision: 10 May 2005
Note: Type of Document - ; prepared on Linux; pages: 18
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mixed strategy; Markov equilibrium; baseball;
Find related papers by JEL classification:
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-01-25 (All new papers)
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