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Journal of Economic Literature - Book Review

JEL Volume. 50, Issue 1 | leftPrevious Review Next Review right

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Book(s) Reviewed

Hot Stove Economics: Understanding Baseball's Second Season by J. C. Bradbury

Published By: New York: Springer Science + Business Media, Copernicus Books
ISBN: 978-1-4419-6268-3
Date of Publication: 2011


Book Review Detail

Reviewed by: Raymond D. Sauer of Clemson University
Review DOI: 10.1257/jel.50.1.179.r12
Review Pages: 203-04

Book Review Abstract

Raymond D. Sauer of Clemson University reviews "Hot Stove Economics: Understanding Baseball's Second Season" by J. C. Bradbury. The EconLit Abstract of the reviewed work begins: Explores the economics of baseball players' worth through an analysis of the choices and transactions made during major league baseball's off-season, known as the "hot stove league." Discusses valuing players as assets; evaluating on-field performance; a career guide from Little League to retirement—age and success in baseball; putting a dollar sign on the muscle—valuing players; deals, duds, and caveats—what the estimates reveal; winning on a dime—the best- and worst-managed franchises of the decade; valuing long-run contracts; and whether you need a name to be traded—valuing minor-league prospects. Index.


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Book Review Authors

Raymond D. Sauer of Clemson University


JEL Classifications

J31: Wage Level and Structure; Wage Differentials
J44: Professional Labor Markets; Occupational Licensing
L83: Sports; Gambling; Recreation; Tourism


Journal of Economic Literature


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