Rottenberg’s “The Baseball Players’ Labor Market†holds the original ideas behind many threads of the sports economics literature. Most well known, the article contains both the invariance proposition (IP) and the uncertainty-of-outcome hypothesis. But there is also a...

From historical odds Cain and Haddock assign the probability of a tie at 25% and offer functional forms for the standard deviation of a league with equal chances of a win for each team under different point assignment schemes. They then track the ratio of actual to these idealized standard...