Simon Rottenberg and Baseball, Then and Now: A 50th Anniversary Retrospective

Allen Sanderson () and John J. Siegfried ()
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Allen Sanderson: Department of Economics, University of Chicago

No 606, Working Papers from Department of Economics, Vanderbilt University

Abstract: Fifty years ago the JPE published Simon Rottenberg's "The Baseball Players' Labor Market", the first professional journal article in sports economics. In this retrospective we review some of his insights and analyses with regard to competitive balance, constraints on payroll and freedoms to contract, revenue sharing, territorial rights and the supply of talent. We also note subsequent industry developments Rottenberg could not have anticipated, and identify where he was ahead of his time.

Keywords: Rottenberg; baseball; invariance theorem; Coase theorem; reserve clause (search for similar items in EconPapers)
JEL-codes: B21 B31 D23 J3 J4 L83 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-hpe and nep-spo
Date: 2006-03
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Persistent link: http://EconPapers.repec.org/RePEc:van:wpaper:0606

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