Offensive Performance, Omitted Variables, and the Value of Speed in Baseball

Theodore Turocy ()

Econometrics from EconWPA

Abstract: This note considers the problem of estimating the marginal products of offensive events towards a baseball team's objective of scoring runs. Regression techniques on official statistics give a positive marginal product for a stolen base attempt, which is inconsistent with the theory of mixed strategy Nash equilibrium. Augmenting the specification of the production function to include other productive qualities of footspeed restores estimates consistent with equilibrium theory.

Keywords: Omitted variable bias; mixed strategies; equilibrium test; baseball (search for similar items in EconPapers)
JEL-codes: C72 C50 L83 (search for similar items in EconPapers)
Date: 2003-12-19
Note: Type of Document - ; prepared on Linux; pages: 11

Downloads: (external link)
http://129.3.20.41/eps/em/papers/0312/0312005.pdf (application/pdf)

Related works:
Journal Article: Offensive performance, omitted variables, and the value of speed in baseball (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpem:0312005

Access Statistics for this paper

More papers in Econometrics from EconWPA
Series data maintained by EconWPA ().