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National Pastime to Dismal Science: Using Baseball to Illustrate Economic Principles

Author

Listed:
  • Thomas H. Bruggink

    (Lafayette College)

Abstract

The game of baseball has enormous appeal to students and economists. By using baseball examples in teaching economics, the professor creates the atmosphere of fun while covering substantive topics in economics. This paper enables professors to enrich their principles course with illustrations, outlines, and annotations. The paper also provides the motivation and the suggested content of a special topics course on Baseball Economics, a sure winner in any Economics Department.

Suggested Citation

  • Thomas H. Bruggink, 1993. "National Pastime to Dismal Science: Using Baseball to Illustrate Economic Principles," Eastern Economic Journal, Eastern Economic Association, vol. 19(3), pages 275-294, Summer.
  • Handle: RePEc:eej:eeconj:v:19:y:1993:i:3:p:275-294
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    Download full text from publisher

    File URL: http://web.holycross.edu/RePEc/eej/Archive/Volume19/V19N3P275_294.pdf
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    References listed on IDEAS

    as
    1. Hunt, Joseph W, Jr & Lewis, Kenneth A, 1976. "Dominance, Recontracting, and the Reserve Clause: Major League Baseball," American Economic Review, American Economic Association, vol. 66(5), pages 936-943, December.
    2. Bruce R. Domazlicky & Peter M. Kerr, 1990. "Baseball Attendance and the Designated Hitter," The American Economist, Sage Publications, vol. 34(1), pages 62-68, March.
    3. Scully, Gerald W, 1974. "Pay and Performance in Major League Baseball," American Economic Review, American Economic Association, vol. 64(6), pages 915-930, December.
    4. Krohn, Gregor A, 1983. "Measuring the Experience-Productivity Relationship: The Case of Major League Baseball," Journal of Business & Economic Statistics, American Statistical Association, vol. 1(4), pages 273-279, October.
    5. Drahozal, Christopher R., 1986. "The impact of free agency on the distribution of playing talent in major league baseball," Journal of Economics and Business, Elsevier, vol. 38(2), pages 113-121, May.
    6. Whitney, James D, 1988. "Winning Games versus Winning Championships: The Economics of Fan Interest and Team Performance," Economic Inquiry, Western Economic Association International, vol. 26(4), pages 703-724, October.
    7. Clement, Robert C & McCormick, Robert E, 1989. "Coaching Team Production," Economic Inquiry, Western Economic Association International, vol. 27(2), pages 287-304, April.
    8. Lehn, Kenneth, 1984. "Information Asymmetries in Baseball's Free Agent Market," Economic Inquiry, Western Economic Association International, vol. 22(1), pages 37-44, January.
    9. Clark Nardinelli & Curtis Simon, 1990. "Customer Racial Discrimination in the Market for Memorabilia: The Case of Baseball," The Quarterly Journal of Economics, Oxford University Press, vol. 105(3), pages 575-595.
    10. Gwartney, James & Haworth, Charles, 1974. "Employer Costs and Discrimination: The Case of Baseball," Journal of Political Economy, University of Chicago Press, vol. 82(4), pages 873-881, July/Aug..
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    Citations

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    Cited by:

    1. Rodney Fort, 2004. "Inelastic sports pricing," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 25(2), pages 87-94.
    2. Srinivas K. Reddy & Antonie Stam & Per J. Agrell, 2015. "Brand Equity, Efficiency and Valuation of Professional Sports Franchises: The Case of Major League Baseball," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, vol. 5(1), pages 63-89, January.

    More about this item

    Keywords

    Economics;

    JEL classification:

    • A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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