STEROIDS AND HOME RUNS

There has been no change in Major League Baseball home run hitting for 45 yr, in spite of the new records. Players hit with no more power now than before. Records are the result of chance variations in at bats, home runs per hit, and other factors. The clustering of records is implied by the intermi...

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Bibliographic Details
Published inEconomic inquiry Vol. 49; no. 2; pp. 489 - 511
Main Author DE VANY, ARTHUR
Format Journal Article
LanguageEnglish
Published Oxford, UK Blackwell Publishing Ltd 01.04.2011
Western Economic Association International
Blackwell Publishers Ltd
Western Economic Association
SeriesEconomic Inquiry
Subjects
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Summary:There has been no change in Major League Baseball home run hitting for 45 yr, in spite of the new records. Players hit with no more power now than before. Records are the result of chance variations in at bats, home runs per hit, and other factors. The clustering of records is implied by the intermittency of the law of home runs. Home runs follow a stable Paretian distribution with infinite variance. The shape and scale of the distribution have not changed over the years. The greatest home run hitters are as rare as great scientists, artists, or composers. (JEL A10, C02, C16, C52, L51)
Bibliography:ArticleID:ECIN257
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ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 23
ISSN:0095-2583
1465-7295
DOI:10.1111/j.1465-7295.2009.00257.x