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Efficient Production of Wins in Major League Baseball

Author

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  • Brian Volz

    (University of Connecticut)

Abstract

Data Envelopment Analysis (DEA) is applied to Major League Baseball salary and performance data from 1985 to 2006 in order to identify those teams which produced wins most efficiently and the characteristics which lead to efficient production. It is shown that on average both National and American League teams over allocate the most resources to first basemen. Additionally, it is found that National League teams should allocate significantly more resources towards starting pitching while American League teams should allocate significantly more resources toward second base. It is also observed that efficient teams use younger less experienced players and employ rosters with a greater number of previous all star appearances.

Suggested Citation

  • Brian Volz, 2008. "Efficient Production of Wins in Major League Baseball," Working papers 2008-50, University of Connecticut, Department of Economics.
  • Handle: RePEc:uct:uconnp:2008-50
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    File URL: http://web2.uconn.edu/economics/working/2008-50.pdf
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    More about this item

    Keywords

    Baseball; DEA; Efficiency;

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity

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