Evaluating Ability of Baseball Players: Evidence From Major League Baseball
碩士 === 國立清華大學 === 經濟學系 === 104 === The value of Major League Baseball players has long been viewed as the most controversial issue. In order to analyze the relationship between players' abilities and their salaries, list of all Major League Baseball players excluding pitchers, catchers and desi...
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ndltd-TW-104NTHU53890202019-05-15T23:09:26Z http://ndltd.ncl.edu.tw/handle/76dgn6 Evaluating Ability of Baseball Players: Evidence From Major League Baseball 職業球員能力之價值衡量 - 以 MLB 為例 Wang,Yi Xiang 王奕翔 碩士 國立清華大學 經濟學系 104 The value of Major League Baseball players has long been viewed as the most controversial issue. In order to analyze the relationship between players' abilities and their salaries, list of all Major League Baseball players excluding pitchers, catchers and designated hitters in all games during 2005 and 2014 were collected. The winning percentages and team-level performance figures during this period were also collected. The approach was divided into three parts. First, the panel data two-way fixed effect model, considered individual-specific effect and time-specific effect simultaneously, was used to estimate the salary equation. By roughly dividing the fielders' performance into aggressive ability and fielding ability, we can dig out that only the shortstops' fielding ability is significantly valuable while almost every fielder's aggressive ability is all significantly valuable. Therefore, we can verify the stereotype about "Bat is more valuable than gloves for baseball players." Secondly, the same methodology was used to estimate the relationship between winning percentage and team performance.It was found that the pitcher's ability contributes the most, followed by aggressive ability, and the fielding ability in the last place. So we can treat the stereotype mentioned earlier as a reasonable phenomenon. The last method applied was the panel quantile regression with fixed effect, which was proposed in Koenker (2004), to estimate the salary equations in different quantiles of salary. We found that the fielding abilities were almost insignificant in every quantile we concerned while the values of aggressive ability and historical aggressive ability increase with the quantile ascend. Lin, Eric S. 林世昌 2016 學位論文 ; thesis 41 zh-TW |
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zh-TW |
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Others
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碩士 === 國立清華大學 === 經濟學系 === 104 === The value of Major League Baseball players has long been viewed as the most controversial issue. In order to analyze the relationship between players' abilities and their salaries, list of all Major League Baseball players excluding pitchers, catchers and designated hitters in all games during 2005 and 2014 were collected. The winning percentages and team-level performance figures during this period were also collected.
The approach was divided into three parts. First, the panel data two-way fixed effect model, considered individual-specific effect and time-specific effect simultaneously, was used to estimate the salary equation. By roughly dividing the fielders' performance into aggressive ability and fielding ability, we can dig out that only the shortstops' fielding ability is significantly valuable while almost every fielder's aggressive ability is all significantly valuable. Therefore, we can verify the stereotype about "Bat is more valuable than gloves for baseball players."
Secondly, the same methodology was used to estimate the relationship between winning percentage and team performance.It was found that the pitcher's ability contributes the most, followed by aggressive ability, and the fielding ability in the last place. So we can treat the stereotype mentioned earlier as a reasonable phenomenon.
The last method applied was the panel quantile regression with fixed effect, which was proposed in Koenker (2004), to estimate the salary equations in different quantiles of salary. We found that the fielding abilities were almost insignificant in every quantile we concerned while the values of aggressive ability and historical aggressive ability increase with the quantile ascend.
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author2 |
Lin, Eric S. |
author_facet |
Lin, Eric S. Wang,Yi Xiang 王奕翔 |
author |
Wang,Yi Xiang 王奕翔 |
spellingShingle |
Wang,Yi Xiang 王奕翔 Evaluating Ability of Baseball Players: Evidence From Major League Baseball |
author_sort |
Wang,Yi Xiang |
title |
Evaluating Ability of Baseball Players: Evidence From Major League Baseball |
title_short |
Evaluating Ability of Baseball Players: Evidence From Major League Baseball |
title_full |
Evaluating Ability of Baseball Players: Evidence From Major League Baseball |
title_fullStr |
Evaluating Ability of Baseball Players: Evidence From Major League Baseball |
title_full_unstemmed |
Evaluating Ability of Baseball Players: Evidence From Major League Baseball |
title_sort |
evaluating ability of baseball players: evidence from major league baseball |
publishDate |
2016 |
url |
http://ndltd.ncl.edu.tw/handle/76dgn6 |
work_keys_str_mv |
AT wangyixiang evaluatingabilityofbaseballplayersevidencefrommajorleaguebaseball AT wángyìxiáng evaluatingabilityofbaseballplayersevidencefrommajorleaguebaseball AT wangyixiang zhíyèqiúyuánnénglìzhījiàzhíhéngliàngyǐmlbwèilì AT wángyìxiáng zhíyèqiúyuánnénglìzhījiàzhíhéngliàngyǐmlbwèilì |
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