Lewis, Herbert F.; Sexton, Thomas R.; Lock, Kathleen A. - In: Journal of Sports Economics 8 (2007) 3, pp. 266-294
The dramatic growth of free agency in Major League Baseball has caused great concern about the competitiveness of some teams, particularly those in smaller markets. The authors use a two-stage data envelopment analysis model as part of a larger analysis to determine the minimum total player...