Peculiarities of the Major League Baseball Posting System

Duane Rockerbie

MPRA Paper from University Library of Munich, Germany

Abstract: The posting system used in major league baseball to obtain free agent players from Japan has some similarities and many differences from the transfer system used to obtain foreign free agents in European football. This paper uses auction theory to assess the efficiencies (or lack of) in the posting system and to suggest alternatives.

Keywords: posting system; baseball; auction theory; winner's curse (search for similar items in EconPapers)
JEL-codes: J44 L83 (search for similar items in EconPapers)
Date: 2006
New Economics Papers: this item is included in nep-sea and nep-spo
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:891

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