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Strike Two: Labor-Management Negotiations in Major League Baseball

✍ Scribed by Lawrence M. DeBrock and Alvin E. Roth

Book ID
124850005
Publisher
The RAND Corporation
Year
1981
Weight
289 KB
Volume
12
Category
Article
ISSN
0361-915X

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## Abstract Long‐term employment contracts have typically been modeled as mechanisms whereby workers reduce the risk of lost income with a guaranteed long‐term wage that is less than the expected spot wage. Examination of contract length among major league baseball players shows that long‐term cont