Modelling the evolution of distributions : an application to major league baseball
Koop, Gary (2004) Modelling the evolution of distributions : an application to major league baseball. Journal of the Royal Statistical Society: Series A, 167 (4). pp. 639-656. ISSN 0964-1998 (https://doi.org/10.1111/j.1467-985X.2004.A473.x)
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Abstract
We develop Bayesian techniques for modelling the evolution of entire distributions over time and apply them to the distribution of team performance in Major League baseball for the period 1901-2000. Such models offer insight into many key issues (e.g. competitive balance) in a way that regression-based models cannot. The models involve discretizing the distribution and then modelling the evolution of the bins over time through transition probability matrices. We allow for these matrices to vary over time and across teams. We find that, with one exception, the transition probability matrices (and, hence, competitive balance) have been remarkably constant across time and over teams. The one exception is the Yankees, who have outperformed all other teams.
ORCID iDs
Koop, Gary ORCID: https://orcid.org/0000-0002-6091-378X;-
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Item type: Article ID code: 6911 Dates: DateEventNovember 2004PublishedNotes: Working paper version Subjects: Social Sciences > Economic Theory
Social Sciences > StatisticsDepartment: Strathclyde Business School > Economics Depositing user: Strathprints Administrator Date deposited: 24 Sep 2008 Last modified: 11 Nov 2024 08:42 URI: https://strathprints.strath.ac.uk/id/eprint/6911