Comparing the Revenue and Profit Effects of Winning and Having a Star Player for a Major League Baseball Team

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Comparing the Revenue and Profit Effects of Winning and Having a Star Player for a Major League Baseball Team

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Title: Comparing the Revenue and Profit Effects of Winning and Having a Star Player for a Major League Baseball Team
Author: Kelman, Jon
Advisor: Preston, Anne
Department: Haverford College. Dept. of Economics
Type: Thesis (B.A.)
Running Time: 142292 bytes97561 bytes
Issue Date: 2006
Abstract: This thesis studies the revenue and profit effects of winning and having a star player for Major League Baseball (MLB) teams over the period of 2000-2004. Regression analysis is used to determine the revenue and expenditure effects of having a star player and winning; the two are then compared to gauge profits. The analysis also attempts to find the value of stars and winning for teams from different sized cities, as well as the marginal revenue product of star players as the number of stars on a team increases. The findings are used to determine the best financial strategies for MLB teams.
Subject: Baseball -- Economic aspects
Subject: Baseball -- Management
Subject: Baseball players -- Economic conditions
Terms of Use: http://creativecommons.org/licenses/by-nc/3.0/us/
Permanent URL: http://hdl.handle.net/10066/590

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Citation

Kelman, Jon. "Comparing the Revenue and Profit Effects of Winning and Having a Star Player for a Major League Baseball Team". 2006. Available electronically from http://hdl.handle.net/10066/590.

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http://creativecommons.org/licenses/by-nc/3.0/us/ Except where otherwise noted, this item's license is described as http://creativecommons.org/licenses/by-nc/3.0/us/