Science Journal columnist Sharon Begely writes a flattering story about The Baseball Economist in today’s Wall Street Journal (free article). She offers a thorough preview of the book, summarizing several chapters.
After St. Louis won the 2006 World Series, you’d think fans in small cities would stop grousing that major-market teams have a built-in edge. Should any of you not be inclined to concede error, economist J.C. Bradbury is ready to regale you with statistics, regression analysis and Cartesian plots to prove mathematically that, while big-market baseball teams win more than small-market teams do, market size explains only part of the differential.
With pitchers and catchers reporting to the grapefruit and cactus leagues this week, it’s time for baseball fans to dust off the equipment they, too, need for the 2007 season. I am referring, of course, to calculators, statistics, economics and multiple regression analysis, which calculates how much one factor (such as market size) contributes to some outcome (team wins).
In the hands of Prof. Bradbury, of Kennesaw State University, Georgia, these techniques lead to counterintuitive results sure to spark a bar fight or two. His coming book “The Baseball Economist: The Real Game Exposed,” takes aim at all sorts of baseball lore to separate fact from myth.