The Demand for Major League Baseball: A Test of the Uncertainty of Outcome Hypothesis

1992 ◽  
Vol 36 (2) ◽  
pp. 72-80 ◽  
Author(s):  
Glenn Knowles ◽  
Keith Sherony ◽  
Mike Haupert
Keyword(s):  
Major League Baseball ◽  
A Priori ◽  
Significant Determinant ◽  
Home Team ◽  
Major League ◽  
The Relationship ◽  
Uncertainty Of Outcome ◽  
Measure Of Uncertainty

The relationship between attendance at major league baseball games and the uncertainty of the outcome of each game is examined. We use an a priori measure of uncertainty in estimating the attendance equation. The variable is developed from the betting lines for individual games and measures the probability of a home team victory during the 1988 major league baseball season. The results indicate that uncertainty of outcome is a significant determinant of attendance for major league baseball. In addition, the results are used to determine the probability of a home team victory at which attendance will be maximized.

Explaining Game-to-Game Ticket Sales for Major League Baseball Games Over Time

2011 ◽  
Vol 13 (5) ◽  
pp. 536-553 ◽  
Author(s):  
Elise M. Beckman ◽  
Wenqiang Cai ◽  
Rebecca M. Esrock ◽  
Robert J. Lemke
Keyword(s):  
Major League Baseball ◽  
Ticket Sales ◽  
Home Team ◽  
Major League ◽  
Potential Factors ◽  
Using Data ◽  
Uncertainty Of Outcome ◽  
Over Time

Using data from more than 10,000 games from 1985 through 2009, the authors estimate the effect various factors have on attendance at Major League Baseball (MLB) games. As previously found in the literature, interleague and interleague rivalry contests are associated with higher attendances, but this relationship has been weakening over time. Contrary to some of the literature, the authors find that the likelihood the home team will win the contest is inconsistently estimated over time, lending little support for the uncertainty of outcome hypothesis. Generally the effect on ticket sales from many potential factors has generally been weakening over time.

Professional Playing Experience Does Not Lead to Professional Coaching Success

2010 ◽  
Vol 3 (3) ◽  
pp. 72-82 ◽  
Author(s):  
Paul G. Schempp ◽  
Bryan A. McCullick ◽  
Matthew A. Grant ◽  
Cornell Foo ◽  
Kelly Wieser
Keyword(s):  
Significant Relationship ◽  
National Football League ◽  
Major League Baseball ◽  
National Basketball Association ◽  
Sources Of Knowledge ◽  
Winning Percentage ◽  
Professional Coaching ◽  
Major League ◽  
The Relationship

The purpose of this study was to analyze the relationship between coaches’ professional playing experience and their professional coaching success. The sample (n = 134) included coaches who had the equivalent of three full seasons of head coaching experience in either Major League Baseball (MLB) (n = 46), the National Basketball Association (NBA) (n = 38) or the National Football League (NFL) (n = 50) as determined by the total number of games coached between the years 1997-2007. ANOVAs revealed no significant differences between coaches with more or less professional playing experience and professional coaching success as determined by professional winning percentage. Further, no significant relationship was found between professional playing experience and professional coaching success in MLB (r = -0.16), NBA (r = -0.05) or NFL (r = 0.00). It was concluded that professional playing experience was not a predictor of professional level coaching success. These findings support the notion that sources of knowledge other than playing experience may be necessary and useful in developing coaching expertise.

Using Prediction Market Prices to Differentiate Factors that Influence the Highest and Lowest Priced Tickets in Dynamic Pricing for Major League Baseball

2015 ◽  
Vol 9 (2) ◽  
pp. 43-63
Author(s):  
Rodney Paul ◽  
Andrew Weinbach
Keyword(s):  
Dynamic Pricing ◽  
Major League Baseball ◽  
Prediction Markets ◽  
Market Prices ◽  
Betting Market ◽  
Major League ◽  
Similarities And Differences ◽  
Using Data ◽  
Ticket Prices ◽  
Uncertainty Of Outcome

The use of prediction markets is extended to explain differences in preferences of fans that purchase different price levels of tickets under dynamic pricing for Major League Baseball.  Using data from eleven teams, this research investigates similarities and differences in variables that affect ticket prices for the highest-priced and lowest-priced tickets.  Key contrasts between the groups are found to stem from distinct preferences for uncertainty of outcome, measured by betting market odds, and team quality.  It is also shown that differences between the groups are attributable to sensitivity to factors such as key opponents, weekend games, opening day, and temperature.

Age and Level of Performance in Major League Baseball

1994 ◽  
Vol 2 (3) ◽  
pp. 221-232
Author(s):  
Ray Over
Keyword(s):  
Athletic Performance ◽  
Major League Baseball ◽  
Experimental Designs ◽  
Cross Sectional ◽  
Baseball Players ◽  
Component Skills ◽  
Major League ◽  
Quasi Experimental ◽  
Batting Performance ◽  
The Relationship

The relationship between age and the level of performance of major league baseball players was assessed through quasi-experimental designs. Whereas cross-sectional comparisons revealed no differences in batting and fielding statistics between younger and older players, longitudinal analysis showed significant decrements in batting performance as players aged from 30 to 35 years. A decline in performance with age was found even among elite players. Age decrements in achievement need to be studied not only in the context of molar measures such as batting statistics but also at a microanalytic level through reference to component skills. This paper outlines a methodology that can be used in assessing the nature and basis of age decrements in skilled athletic performance.

scholarly journals What Are The Monetary Effects Of Education In The Market For Major League Baseball Players?

2011 ◽  
Vol 7 (5) ◽  
Author(s):  
Alexandre Olbrecht ◽  
Steven Bloom
Keyword(s):  
Cross Section ◽  
Major League Baseball ◽  
College Attendance ◽  
Font Size ◽  
Baseball Players ◽  
Major League ◽  
The Relationship

<p class="MsoNormal" style="text-align: justify; margin: 0in 0.5in 0pt;"><span style="font-size: 10pt;"><span style="font-family: Times New Roman;">In this article, we test the relationship between college attendance and earnings for Major League Baseball players. Using a cross-section of non-pitchers from the 2005 season, we find that schooling does not influence earnings. These results seemingly contradict the schooling-earnings theory and suggest that the market for baseball players may be purely talent-driven.</span></span></p>

scholarly journals How jet lag impairs Major League Baseball performance

2017 ◽  
Vol 114 (6) ◽  
pp. 1407-1412 ◽  
Author(s):  
Alex Song ◽  
Thomas Severini ◽  
Ravi Allada
Keyword(s):  
Circadian Clock ◽  
Athletic Performance ◽  
Performance Metrics ◽  
Major League Baseball ◽  
Jet Lag ◽  
Single Measure ◽  
Lag Effects ◽  
Home Team ◽  
Specific Effects ◽  
Major League

Laboratory studies have demonstrated that circadian clocks align physiology and behavior to 24-h environmental cycles. Examination of athletic performance has been used to discern the functions of these clocks in humans outside of controlled settings. Here, we examined the effects of jet lag, that is, travel that shifts the alignment of 24-h environmental cycles relative to the endogenous circadian clock, on specific performance metrics in Major League Baseball. Accounting for potential differences in home and away performance, travel direction, and team confounding variables, we observed that jet-lag effects were largely evident after eastward travel with very limited effects after westward travel, consistent with the >24-h period length of the human circadian clock. Surprisingly, we found that jet lag impaired major parameters of home-team offensive performance, for example, slugging percentage, but did not similarly affect away-team offensive performance. On the other hand, jet lag impacted both home and away defensive performance. Remarkably, the vast majority of these effects for both home and away teams could be explained by a single measure, home runs allowed. Rather than uniform effects, these results reveal surprisingly specific effects of circadian misalignment on athletic performance under natural conditions.

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