Equilibrium Explanation of Bargaining and Arbitration in Major League Baseball

Journal of Sports Economics

Volumn 2, Issue 1, 2001, Pages 22-34

  Faurot, David J ^a  

^a UNIVERSITY OF KANSAS   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 4043161183     PISSN: 15270025     EISSN: None     Source Type: Journal    
DOI: 10.1177/152700250100200103     Document Type: Article

References (14)

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3. Bebchuk, L. A. (1984). Litigation and settlement under imperfect information. RAND Journal of Economics, 15, 404-415.
4. Bodley, H. (1999, February 22). Average salary increased ․1.25M for 38 in arbitration. USA Today, p.4C.
5. Bodley, H. (2000, February 21). Owners whittle arbitration gains. USA Today, p. 13C.
6. Curry, A. F., & Pecorino, P. (1993). The use of final offer arbitration as a screening device. Journal of Conflict Resolution, 37, 655-669.
7. Farber, H. S. (1980). An analysis of final offer arbitration. Journal of Conflict Resolution, 24, 683-705.
8. Farmer, A., & Pecorino, P. (1998). Bargaining with informative offers: An analysis of final offer arbitration. Journal of Legal Studies, 27, 415-432.
9. Faurot, D. J., & McAllister, S. (1992). Salary arbitration and pre-arbitration negotiation in Major League Baseball. Industrial and Labor Relations Review, 45, 697-710.
10. Gibbons, R. (1992). Game theory for applied economists. Princeton, NJ: Princeton University Press.
11. Harsanyi, J. C. (1973). Games with randomly disturbed payoffs: A new rationale for mixed strategy equilibrium points. International Journal of Game Theory, 2, 1-23.
12. Mathcad 6.0. (1995). Cambridge: Nathsoft.
13. Miller, P. A. (2000). An analysis of final offers chosen in baseball's arbitration system: The effect of pre-arbitration negotiation on the choice of final offers. Journal of Sports Economics, 1, 39-55.
14. Priest, G., & Klein, B. (1984). The selection of disputes for litigation. Journal of Legal Studies, 13, 1-55.