Date of Award
2011
Document Type
Thesis
Degree Name
Bachelors
Department
Social Sciences
First Advisor
Coe, Richard
Keywords
Football, Exploitation, Microeconomics
Area of Concentration
Economics
Abstract
This thesis examines the microeconomic structure of the National Football League as it pertains to player compensation. Building off previous work in this field, this work establishes a value for professional football player marginal revenue product by relating on field performances of six different positions to game outcomes, winning percentages, and team revenues using econometric and statistical tools. In addition, this work is able to quantify a variable that evaluates performances for football's running back and wide receiver positions. These determinations were compared to player's actual salaries and used to measure a rate of monopsonistic exploitation in the National Football League. The calculated rate of monopsonistic exploitation answers a lingering question as to whether or not professional football players are paid fair salaries equal to their marginal revenue products.
Recommended Citation
Hargis, Neal, "Pay and Performance in Professional Football An Analysis of Marginal Revenue Product and Monopsonistic Exploitation in the National Football League" (2011). Theses & ETDs. 4516.
https://digitalcommons.ncf.edu/theses_etds/4516