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
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.