Hot Stove Economics
The final out of the World Series marks the beginning of baseball's second season, when teams court free agents and orchestrate trades with the hope of building a championship contender. The real and anticipated transactions generate excitement among fans who discuss the merit of moves in the arena informally known as the ahot stove league.a In Hot Stove Economics, economist J.C. Bradbury answers the hot stove league's most important question: what are baseball players worth? With in-depth analysis, Bradbury identifies the gameas best and worst contractsarevealing the bargains, duds, and players who are worth every penny they receive. From minor-league prospects to major-league MVPs, Bradbury examines how factors such as revenue growth, labor rules, and aginga even down to the month in which players are bornashape players' worth and evaluates how well franchises manage their rosters. He broadly applies the principles of economics to baseball in a way that is both interesting and understandable to sports fanatics, team managers, armchair economists and students alike.But the source of all this emotion a as J.C. Bradbury demonstrates in Hot Stove Economics a are the decisions made in the winter. Such decisions depend upon the information available to teams and how this is evaluated.
| Title | : | Hot Stove Economics |
| Author | : | J.C. Bradbury |
| Publisher | : | Springer Science & Business Media - 2010-09-29 |
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