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Wage Discrimination in the Major League Baseball Labor Market

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Release : 1992
Genre :
Kind : eBook
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Book Synopsis Wage Discrimination in the Major League Baseball Labor Market by : Jory Alan Berson

Download or read book Wage Discrimination in the Major League Baseball Labor Market written by Jory Alan Berson. This book was released on 1992. Available in PDF, EPUB and Kindle. Book excerpt:

Cross-assignment Discrimination in Pay

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Author :
Release : 2011
Genre :
Kind : eBook
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Book Synopsis Cross-assignment Discrimination in Pay by : Örn B. Bodvarsson

Download or read book Cross-assignment Discrimination in Pay written by Örn B. Bodvarsson. This book was released on 2011. Available in PDF, EPUB and Kindle. Book excerpt: The traditional Becker/Arrow style model of discrimination depicts majority and minority and workers as perfectly substitutable inputs, implying that all workers have the same job assignment. The model is only appropriate for determining whether pay differences between, for example, whites and non-whites doing job assignment A are attributable to prejudice ('within-assignment discrimination'); It is inappropriate, however, for determining whether pay differences between whites in job assignment A and non-whites in job assignment B reflect discriminatory behaviour ('cross-assignment discrimination'). We test the model of such cross assignment discrimination developed by Bodvarsson and Sessions (2011) using data on Major League Baseball hitters and pitchers for four different seasons during the 1990s, a decade during which monopsony power fell. We find strong evidence of ceteris paribus racial pay differences between hitters and pitchers, as well as evidence that cross-assignment discrimination varies with labour market structure. -- wage discrimination ; complementarity ; monopsony power

Diamonds Are Forever

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Author :
Release : 2010-12-01
Genre : Business & Economics
Kind : eBook
Book Rating : 286/5 ( reviews)

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Book Synopsis Diamonds Are Forever by : Paul Sommers

Download or read book Diamonds Are Forever written by Paul Sommers. This book was released on 2010-12-01. Available in PDF, EPUB and Kindle. Book excerpt: As every American knows, our nation's favorite pastime is also big business. The last fifteen years have been exceptionally good to the business of baseball-with the growth in fan attendance, the spread of cable television, the burgeoning interest in cards and other baseball memorabilia, the historical appreciation of franchise values, the emergence of a powerful players' union, and average salaries that are almost twenty times their pre-1976 levels. Yet at this time of prosperity, major economic issues trouble the sport: the threat of franchise relocation, the continual flash points in collective bargaining, the growing commercialization of the game, the club owners' collusive response to free agency, lingering concerns of race discrimination, and the arguably tenuous link between player pay and performance. This fascinating book examines these and other major issues and assesses their probable impact on the business of baseball. Contributors begin by examining the effect of the reserve clause on competitive league balance. They then investigate whether prior experience with the salary arbitration process affects player demands in subsequent settlements and compare salary differences between ineligible and arbitration-eligible players. They consider the role of the baseball fan as contributor to team winning, as season ticket purchase, and as card-collecting hobbyist. Diamonds Are Forever also looks at the link between player pay and performance. The authors question whether such high salaries are actually earned by players or are instead awarded by owners eager to have "the winning team." They also discuss the growth in unequal distribution of salaries among players. In the last section, the authors look at racial discrimination in baseball and the influence of a team's racial composition on salaries. From Babe Ruth to Nolan Ryan, Doubleday to Skydome, baseball cards to Homer Hankies, the nation has been enthralled for decades with the business of baseball. Although the authors look to the future and consider changes that might occur in this profitable pastime, they assure that diamonds are forever.

Racial Discrimination in Organized Baseball

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Author :
Release : 1970
Genre : African American athletes
Kind : eBook
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Book Synopsis Racial Discrimination in Organized Baseball by : Anthony H. Pascal

Download or read book Racial Discrimination in Organized Baseball written by Anthony H. Pascal. This book was released on 1970. Available in PDF, EPUB and Kindle. Book excerpt: Differences in earnings for individuals of equal ability but different color would be a relatively unambiguous measure of discrimination in the labor market. The professional athlete follows such an occupation. This study explores the i mpact of race on salary, assignment, and promotion in major league baseball. (Author).

Contract Options for Buyers and Sellers of Talent in Professional Sports

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Release : 2020-09-12
Genre : Business & Economics
Kind : eBook
Book Rating : 132/5 ( reviews)

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Book Synopsis Contract Options for Buyers and Sellers of Talent in Professional Sports by : Duane W Rockerbie

Download or read book Contract Options for Buyers and Sellers of Talent in Professional Sports written by Duane W Rockerbie. This book was released on 2020-09-12. Available in PDF, EPUB and Kindle. Book excerpt: This Palgrave Pivot re-examines salary formation in Major League Baseball in light of real option theory to clarify the connection between salary and marginal revenue product for professional baseball players. Current literature has tended to treat single-year and multi-year contracts similarly, ignoring the potential option value for teams and for players. Recent work points to the observation that both high-productivity and low-productivity athletes have salaries that systematically differ from their marginal revenue product, and that free agents signing multi-year contracts are overpaid relative to free agents signing one-year contracts. This book argues that the value of signing an athlete to a contract should be determined similarly to the determination of the value of an investment project or a financial asset. This book demonstrates how to calculate the value of real options to the player and the team owner with a simple two-year contract, and offers extensions to the real options model for multiyear contracts or when a player is early or late in his career.

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