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Major League Baseball draft pick com...

The University of North Dakota.

Major League Baseball draft pick compensation : = How to evaluate the marginal product of labor of drafted players.

Record Type:	Language materials, manuscript : Monograph/item
Title/Author:	Major League Baseball draft pick compensation :/
Reminder of title:	How to evaluate the marginal product of labor of drafted players.
Author:	Pena, Matthew.
Description:	1 online resource (38 pages)
Notes:	Source: Masters Abstracts International, Volume: 56-02.
Subject:	Economics. -
Online resource:	click for full text (PQDT)
ISBN:	9781369547344

Major League Baseball draft pick compensation : = How to evaluate the marginal product of labor of drafted players.
Pena, Matthew.

Major League Baseball draft pick compensation :How to evaluate the marginal product of labor of drafted players. - 1 online resource (38 pages)

Source: Masters Abstracts International, Volume: 56-02.

Thesis (M.S.)--The University of North Dakota, 2016.

Includes bibliographical references

The Major League Baseball draft is virtually the only means by which US and US territory born players have access to becoming major league baseball players. As a condition of their initial contracts, players are subjected to initial contract terms, that limit their traditional free market ability to earn a salary commensurate with their actual worth. This research attempts to quantify the difference between what players would earn on the open market, as free agents, and what they earn by being controlled by baseball's reserve clause, by analyzing the current compensation system established by Major League Baseball, how drafted players have limited leverage in negotiations, and whether their compensation approximates actual provided value. The result of this analysis is clear that players on their initial contracts over perform relative to their compensation, relative to players who signed open-market contracts.

Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2018

Mode of access: World Wide Web

ISBN: 9781369547344Subjects--Topical Terms:

555568
Economics.
Index Terms--Genre/Form:

554714
Electronic books.

Major League Baseball draft pick compensation : = How to evaluate the marginal product of labor of drafted players.
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008 190606s2016 xx obm 000 0 eng d
020 $a 9781369547344
035 $a (MiAaPQ)AAI10248589
035 $a (MiAaPQ)und:11013
035 $a AAI10248589
040 $a MiAaPQ $b eng $c MiAaPQ
100 1 $a Pena, Matthew. $3 1188796
245 1 0 $a Major League Baseball draft pick compensation : $b How to evaluate the marginal product of labor of drafted players.
264 0 $c 2016
300 $a 1 online resource (38 pages)
336 $a text $b txt $2 rdacontent
337 $a computer $b c $2 rdamedia
338 $a online resource $b cr $2 rdacarrier
500 $a Source: Masters Abstracts International, Volume: 56-02.
500 $a Adviser: Daniel Biederman.
502 $a Thesis (M.S.)--The University of North Dakota, 2016.
504 $a Includes bibliographical references
520 $a The Major League Baseball draft is virtually the only means by which US and US territory born players have access to becoming major league baseball players. As a condition of their initial contracts, players are subjected to initial contract terms, that limit their traditional free market ability to earn a salary commensurate with their actual worth. This research attempts to quantify the difference between what players would earn on the open market, as free agents, and what they earn by being controlled by baseball's reserve clause, by analyzing the current compensation system established by Major League Baseball, how drafted players have limited leverage in negotiations, and whether their compensation approximates actual provided value. The result of this analysis is clear that players on their initial contracts over perform relative to their compensation, relative to players who signed open-market contracts.
533 $a Electronic reproduction. $b Ann Arbor, Mich. : $c ProQuest, $d 2018
538 $a Mode of access: World Wide Web
650 4 $a Economics. $3 555568
650 4 $a Recreation. $3 559433
655 7 $a Electronic books. $2 local $3 554714
690 $a 0501
690 $a 0814
710 2 $a ProQuest Information and Learning Co. $3 1178819
710 2 $a The University of North Dakota. $b Applied Economics. $3 1185328
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10248589 $z click for full text (PQDT)

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