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Previous research neglects to consider additional sources of moral hazard in baseball beyond the designated hitter (DH) rule. Using a game-level analysis similar to Bradbury and Drinen (2006), the authors find that an additional National League (NL) relief pitcher leads to more hit batsmen than...
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In economics experiments, the use of hypothetical incentives is generally restricted to classroom examples; however hypothetical incentives have a clear cost-saving appeal. Although some published experiments have been conducted under the assumption that people act in the same manner with...
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