MULTIPRODUCT PRICING IN MAJOR LEAGUE BASEBALL: A PRINCIPAL COMPONENTS ANALYSIS

Multiproduct Pricing in Major League Baseball: A Principal Components Analysis

The empirical analysis of multiproduct pricing suffers from a lack of clear theoretical guidance and appropriate data, limitations which often render traditional regression-based analyses impractical. This paper analyzes ticket, parking, and concession pricing in Major League Baseball for the period 1991-2003 using a new methodology based on principal components, which allows inferences to be f...

Customer-Based Discrimination in Major League Baseball?

We investigate the existence of customer-based discrimination in Major League Baseball using a direct measure of customer preference, allstar balloting. Unlike other measures used in the literature, such as trading-card prices, our data do not su er from hard to measure monetary in uences on preference. Using allstar votes from 1992 through 1996, and controlling for various player and team-spec...

Competitive Balance in Major League Baseball

The nature of Major League Baseball (MLB) requires competition in order to keep the business alive. In any sports league, the presence of competitors allows for the livelihood of the game through producing an event with an uncertain outcome. The current state of the game lacks the competitive balance necessary for a thriving industry. Much of this competitive imbalance possesses the underlying ...

Causal Inference and Major League Baseball

Major League Baseball Players' Life Expectancies.

OBJECTIVE: We examine the importance of anthropometric and performance measures, and age, period, and cohort effects in explaining life expectancies among major league baseball (MLB) players over the past century. METHODS: We use discrete time hazard models to calculate life tables with covariates with data from Total Baseball, a rich source of information on all players who played in the major...