The Golden Anniversary of “The Baseball Players” Labor Market”

Journal of Sports Economics

Volumn 6, Issue 4, 2005, Pages 347-358

  Fort, Rodney ^a  

^a WASHINGTON STATE UNIVERSITY   (United States)

Author keywords

competitive balance; Rottenberg; sports economics; transactions costs; uncertainty of outcome

Indexed keywords

EID: 84990323713     PISSN: 15270025     EISSN: None     Source Type: Journal    
DOI: 10.1177/1527002505281226     Document Type: Article

References (25)

1. Canes, M. (1974). The social benefits of restrictions on team quality. In R. G. Noll (Ed.), Government and the sports business(chap. 3). Washington, DC: Brookings Institution.
2. Coase, R. (1960). The problem of social cost. Journal of Law and Economics, 3, 1-44.
3. Cymrot, D. J., Dunlevy, J. A., and Even, W. E. (2001). “Who's on first”: An empirical test of the Coase theorem in baseball. Applied Economics, 33, 593-603.
4. Daly, G. G. (1992). The baseball player's labor market revisited. In P. M. Sommers (Ed.), Diamonds are forever: The business of baseball(chap. 1). Washington, DC: Brookings Institution.
5. Daly, G., & Moore, W. J. (1981). Externalities, property rights and the allocation of resources in major league baseball. Economic Inquiry, 19, 77-95.
6. Demmert, H. (1973). The economics of professional team sports. Lexington, MA: Lexington Books.
7. Demsetz, H. (1972). When does the rule of liability matter? Journal of Legal Studies, 1, 13-28.
8. El Hodiri, M., & Quirk, J. (1971). An economic model of a professional sports league. Journal of Political Economy, 70, 1302-1319.
9. Fort, R., & Quirk, J. (1995). Cross-subsidization, incentives, and outcomes in professional team sports leagues. Journal of Economic Literature, 33, 1265-1299.
10. Hadley, L., & Gustafson, E. (1993). Sharing local media revenue and the Coase theorem. By the Numbers, 5, 11-15.
11. Holohan, W. L. (1978). The long-run effects of abolishing the baseball player reserve system. Journal of Legal Studies, 7, 129-137.
12. Hunt, J. W., & Lewis, K. A. (1976). Dominance, recontracting, and the reserve clause: Major league baseball. American Economic Review, 66, 936-943.
13. Hylan, T. R., Lage, M. J., & Treglia, M. (1996). The Coase theorem, free agency, and major league baseball: A panel study of pitcher mobility from 1961 to 1992. Southern Economic Journal, 62,1029-1042.
14. Lehn, K. (1982). Property rights, risk sharing, and player disability in major league baseball. Journal of Law and Economics, 25, 343-366.
15. Neale, W. C. (1964). The peculiar economics of professional sports. Quarterly Journal of Economics,78, 1-14.
16. Quirk, J., & El Hodiri, M. (1974). The economic theory of a professional sports league. In R. G. Noll (Ed.), Government and the sports business(chap. 2). Washington, DC: Brookings Institution.
17. Quirk, J., & Fort, R. D. (1992). Pay dirt: The business of professional team sports. Princeton, NJ: Princeton University Press.
18. Rascher, D. A. (1997). A model of a professional sports league. In W. Hendricks (Ed.), Advances in the economics of sport(Vol. 2, pp. 27-76). Greenwich, CT: JAI.
19. Rottenberg, S. (1956). The baseball players” labor market. Journal of Political Economy, 64, 242-258.
20. Scully, G. W. (1989). The business of major league baseball. Chicago: University of Chicago Press.
21. Vrooman, J. (1995). A general theory of professional sports leagues. Southern Economic Journal, 61, 971-990.
22. Vrooman, J. (1996a). The baseball players'labor market reconsidered. Southern Economic Journal, 63, 339-360.
23. Vrooman, J. (1996b). A unified theory of capital and labor markets in major league baseball. Southern Economic Journal, 63, 594-619.
24. Vrooman, J. (2000). The economics of American sports leagues. Scottish Journal of Political Economy, 47, 364-398.
25. Yu, A. J. 2005. The Coase theorem meetsMoneyball. Available at http://www.chibus.com/media/%20paper408/%20news/2005/04/14/Perspectives/The-Coase.Theorem.Meets.Moneyball-924955.shtml?page=1