A Study of Sabermetrics in Major League Baseball: The Impact of Moneyball on Free Agent Salaries
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چکیده
Using contract and player statistic data for Major League Baseball free agents, this paper estimates the relative effects of player attributes on player salaries over different periods of time. Moneyball is the analytical, evidence-based approach to baseball, utilizing various statistics as an indicator of player performance. Estimating a hedonic pricing model, our results show a lasting impact of Moneyball in shifting the emphasis on player valuation from observable traits to more advanced statistical analysis. 1 We would like to thank Kelly Bishop for her efforts in guiding us through the research process serving as our advisor, as well as to Seethu Seetharaman, Mark Leary, and William Bottom during the Honors in Management lecture portion of the class at Olin Business School at Washington University in St. Louis.
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تاریخ انتشار 2013