Mitra, Prasenjit

New model could have ‘Moneyball’-like impact on baseball players’ value

In the movie “Moneyball,” a young economics graduate and a cash-strapped Major League Baseball general manager introduce a new way to evaluate baseball players’ value. Their innovative idea to compute players’ statistical data and salaries enabled the Oakland A’s to recruit quality talent overlooked by other teams — completely revitalizing the team without exceeding budget. New research at the Penn State College of Information Sciences and Technology could make a similar impact on the sport.