JOHN FIZEL is Professor of Economics at Pennsylvania State University-Erie. He conducts research in applied microeconomic topics, including nursing home efficiency, oil market pricing, mutual fund performance, CEO and executive compensation, and the economics of sports. He is coeditor, with Elizabeth Gustafson and Lawrence Hadley, of Baseball Economics: Current Research (Praeger, 1996).

ELIZABETH GUSTAFSON is Department Chair and Associate Professor of Economics at the University of Dayton. She teaches microeconomic theory, econometrics, forecasting, and principles of economics. Her research uses econometric techniques to measure economic relationships, most recently in the economics of baseball.

LAWRENCE HADLEY is Associate Professor of Economics at the University of Dayton. He has published articles on efficiency, revenue sharing, and labor markets in major league baseball.

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