Trandel, Gregory A; White, Lawrence H; Klein, Peter G - In: Economic Inquiry 36 (1998) 4, pp. 679-84
Brian L. Goff, William F. Shughart, and Robert D. Tollison (1997) attribute the American League's higher hit-batsman rate since 1973 to moral hazard: pitchers who no longer bat no longer face retaliation. The authors argue that retaliation is more efficiently directed at sluggers than at...
