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An Actuarial Analysis Of The Production Function Of Major League Baseball, Michael D. Akers, Thomas E. Buttross
An Actuarial Analysis Of The Production Function Of Major League Baseball, Michael D. Akers, Thomas E. Buttross
Accounting Faculty Research and Publications
The majority of major league baseball production function studies have utilized data (nonstandardized and standardized) from only one baseball season. This research study utilized data from the 1980-1984 baseball seasons. The results indicate that factors contributing to victories fluctuate. Consistent with prior research, this study found batting average, manager's career win-loss record and the strike-out-to-walk ratio to be the most significant factors contributing to victories. Inconsistent with prior research, this study found that fielding average can also be significant.