Showing 11 - 20 of 422,220
Using panels of player pay and performance from Major League Baseball (MLB), we examine trends in player productivity and salaries as players age. Pooling players of all ability levels leads to a systematic bias in regression coefficients. After addressing this problem by dividing players into...
Persistent link: https://www.econbiz.de/10012729489
Persistent link: https://www.econbiz.de/10013171137
Persistent link: https://www.econbiz.de/10011980056
In a world of uncertainty in which a worker's performance is variable over time and average performance is unknown when hiring, how will employers determine compensation? We develop a monitoring and signaling model where information is symmetric and parties are risk neutral. Monitoring costs...
Persistent link: https://www.econbiz.de/10014222252
Persistent link: https://www.econbiz.de/10014295633
Persistent link: https://www.econbiz.de/10013375428
Persistent link: https://www.econbiz.de/10001580524
player wages by restricting competition for labor. Entry into the market by rival leagues challenged the incumbent monopsony … (1880-1919), this study examines the impact of inter-league competition on player wages. This study finds a positive salary … during the 20th century than the 19th century. Changes in levels of market saturation and minor-league competition may …
Persistent link: https://www.econbiz.de/10012970553
The contracts that shaped professional sport -- Sports and the law: the fine print -- Bringing back real competition. …
Persistent link: https://www.econbiz.de/10012590773
Persistent link: https://www.econbiz.de/10012007572