An Economic Evaluation of the经济评价 货币假说.pdfVIP

Journal of Economic Perspectives—Volume 20, Number 3—Summer 2006—Pages 173–185 An Economic Evaluation of the Moneyball Hypothesis Jahn K. Hakes and Raymond D. Sauer n his 2003 book Moneyball, financial reporter Michael Lewis made a striking claim: the valuation of skills in the market for baseball players was grossly Iinefficient. The discrepancy was so large that when the Oakland Athletics hired an unlikely management group consisting of Billy Beane, a former player with mediocre talent, and two quantitative analysts, the team was able