This article investigates whether the removal of the reserve clause in professional baseball affected the concentration of player talent in the industry. After free agency, a few wealthy teams could purchase the best players over time, leading to a high concentration of productive players and...

This article reexamines the demand for baseball and provides estimates of fan loyalty for U.S.-based professional baseball teams using techniques developed in the stochastic frontier literature. Fans choose to attend games based on price-quality combinations and some intangible fan loyalty. The...