Are Free Agents Perspicacious Peregrinators?

Donald J Cymrot and James Dunlevy ()

The Review of Economics and Statistics, 1987, vol. 69, issue 1, 50-58

Abstract: The perspicacious peregrinator model of Solomon W. Polachek and Francis W. Horvath hypothesizes that individuals decide to migrate based on the size of potential gains. This model is tested using themigration decisions of Major League Baseball players between 1977 and1979. Potential gains are measure d as the differ-ence between earnings with and without migration. A distinction is made between players eligible for free agency and those ineligible so as to a ccount for differences in the level of competition for players' services in diff erent segments of this market. Migration is found tobe related to the expected gain from earnings for players eligible for free agency, but not for those ineli gible. Copyright 1987 by MIT Press.

Date: 1987
References: Add references at CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://links.jstor.org/sici?sici=0034-6535%2819870 ... O%3B2-0&origin=repec full text (application/pdf)
Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

Related works:
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: https://EconPapers.repec.org/RePEc:tpr:restat:v:69:y:1987:i:1:p:50-58

Ordering information: This journal article can be ordered from
https://mitpressjour ... rnal/?issn=0034-6535

Access Statistics for this article

The Review of Economics and Statistics is currently edited by Pierre Azoulay, Olivier Coibion, Will Dobbie, Raymond Fisman, Benjamin R. Handel, Brian A. Jacob, Kareen Rozen, Xiaoxia Shi, Tavneet Suri and Yi Xu

More articles in The Review of Economics and Statistics from MIT Press
Bibliographic data for series maintained by The MIT Press ().