Saturday, July 11, 2009

A Quantum Leap Forward in MLB Player Data

The New York Times is reporting that a new system of MLB player data will be unveiled today, and that the data will be ready for the 2010 MLB season. What makes this exciting for those in sports economics is that the data now will cover things like running efficiency, player decisions while on base, throwing accuracy and speed by fielders, hitting coordinates by batters, plus a plethora of other data.

While the plan is to release the data on a subscription basis, it will give sports economists years of data to analyze in greater detail marginal product, and thus allow us to more accurately determine important economic issues such as salary/contract determination; trades; managerial decisions; etc.

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