BASEBALL STARS AND BASEBALL CARDS - A NEW LOOK AT MONOPSONY IN MAJOR-LEAGUE BASEBALL

Authors
GILL AM BRAJER V
Citation
Am. Gill et V. Brajer, BASEBALL STARS AND BASEBALL CARDS - A NEW LOOK AT MONOPSONY IN MAJOR-LEAGUE BASEBALL, Social science quarterly, 75(1), 1994, pp. 195-203
Citations number
11
Categorie Soggetti
Social, Sciences, Interdisciplinary
Journal title
Social science quarterly → ACNP
ISSN journal
00384941
Volume
75
Issue
1
Year of publication
1994
Pages
195 - 203
Database
ISI
SICI code
0038-4941(1994)75:1<195:BSABC->2.0.ZU;2-7
Abstract
In this note monopsony effects in major league baseball are analyzed u sing the highly competitive secondary market for players' baseball car ds. By comparing the relationship between card prices and salaries for free agents and non-free agents, a simple test of the monopsony hypot hesis is obtained. Results are consistent with past studies showing mo nopsony exploitation of non-free-agent players.