An In-Class Experiment to Teach Marginal Revenue Product Using the Baseball Labor Market and Moneyball
Jadrian Wooten () and
Dustin White ()
Journal of Economics Teaching, 2018, vol. 3, issue 1, 115-133
We describe a class project exploring principles of marginal revenue product and labor markets through the professional baseball labor market. No prior knowledge of baseball is...
Keywords: labor; intermediate; MRP; marginal revenue; sports (search for similar items in EconPapers)
JEL-codes: A21 A22 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:jtc:journl:v:3:y:2018:i:1:p:115-133
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