Baseball Card Pricing Model: A Demonstration With Well-Known Players
Visions in Leisure and Business, Vol. 21, No. 7, pp. 30-42, 2004
Posted: 9 Nov 2007
Abstract
This paper develops a simple hedonic pricing model for baseball cards, of the type often used successfully to model prices for artworks. We estimate this model with an illustrative sample of card prices for several different years. The results are used to demonstrate the construction of price indices (i.e. rates-of-return) for baseball cards for this particular set of cards using two methods. Finally, we extract specific values that individual player characteristics contribute to the value of a card.
Suggested Citation: Suggested Citation
Mulligan, Robert F. and Grube, A. J. and Jarrell, Stephen B., Baseball Card Pricing Model: A Demonstration With Well-Known Players. Visions in Leisure and Business, Vol. 21, No. 7, pp. 30-42, 2004, Available at SSRN: https://ssrn.com/abstract=1028820
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