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Journal Articles
Managerial Finance (2021) 47 (3): 326–335.
Published: 22 September 2020
... Replacement (WAR) measure, which treats units of offensive WAR (oWAR) and units of defensive WAR (dWAR) as perfectly substitutable toward win production. The purpose of this paper is to ask whether the salaries of Major League Baseball (MLB) players reveal such an equal valuation among MLB teams. Design...

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