An inspection game model of the stolen base in baseball: A theory of theft
This paper models the stolen base play in baseball as a simple inspection game. The model offers equilibrium predictions relating the frequency with which a stolen base play is attempted, and the frequency with which it is successful. Using an extensive play-by-play dataset from 37 Major League Baseball seasons, qualitative and quantitative support is found for the predictions of the model. An exogenous change in the average number of runs scored per game during the period covered by the dataset provides a natural experiment; the equilbrium model predicts the change in the relationship between attempt and success frequencies observed in the data.
|Date of creation:||15 Apr 2012|
|Date of revision:|
|Contact details of provider:|| Postal: Norwich NR4 7TI|
Phone: 44 1603 591131
Fax: +44(0)1603 4562592
Web page: http://www.uea.ac.uk/economics
More information through EDIRC
|Order Information:|| Postal: Jessica Pointer, School of Economics, University of East Anglia, Norwich Research Park, Norwich, NR4 7TJ, UK|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- 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.
- Theodore L. Turocy, 2003.
"Offensive Performance, Omitted Variables, and the Value of Speed in Baseball,"
- Turocy, Theodore L., 2005. "Offensive performance, omitted variables, and the value of speed in baseball," Economics Letters, Elsevier, vol. 89(3), pages 283-286, December.
- Mark Walker & John Wooders, 2001. "Minimax Play at Wimbledon," American Economic Review, American Economic Association, vol. 91(5), pages 1521-1538, December.
- John Charles Bradbury & Douglas J. Drinen, 2007. "Crime And Punishment In Major League Baseball: The Case Of The Designated Hitter And Hit Batters," Economic Inquiry, Western Economic Association International, vol. 45(1), pages 131-144, 01.
- David Romer, 2006. "Do Firms Maximize? Evidence from Professional Football," Journal of Political Economy, University of Chicago Press, vol. 114(2), pages 340-365, April.
When requesting a correction, please mention this item's handle: RePEc:uea:aepppr:2012_32. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Theodore Turocy)
If references are entirely missing, you can add them using this form.