Graduation Year

2015

Date of Submission

12-2014

Document Type

Campus Only Senior Thesis

Degree Name

Bachelor of Arts

Department

Economics

Reader 1

David Bjerk

Rights Information

© 2014 Andrew H. MacPhail

Abstract

This paper uses data acquired from five Baseball statistics websites from the 2006-2010 Major League Baseball seasons to test the effect of increasing information in the Trade Market. Specifically, to test how increasing information affects teams’ preferences in the Trade Market. Player age and service time were used as predictors of team preferences, and an interaction variable between team winning percentage and week of season was used as a predictor of increasing team information. This paper finds that—with significance—the effect of a team’s winning percentage in relation to week in the season a given trade takes place has a negative effect on an acquired player’s tenure and a positive effect on an acquired player’s age. This relationship is likely due to the fact that more successful clubs are looking for established veteran players who can provide immediate help to their Major League team. Conversely, poorly performing clubs are likely looking for younger players who will contribute to their Major League team in future seasons.

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