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An Examination of Customer Racial Discrimination in the Market for Baseball Memorabilia

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  • Gabriel, Paul E
  • Johnson, Curtis
  • Stanton, Timothy J

Abstract

This article investigates customer racial discrimination in the market for baseball memorabilia. The authors examine whether a player's ethnic background influences the price collectors are willing to pay for recently issued rookie baseball cards. Their empirical analysis of all rookie cards issued from 1984 through 1990 examines if price is explained not only by past player performance but also by other factors such as expected future performance and ethnicity. The authors raise the possibility that bias could occur because race influences expectations of future performance. However, in contrast to previous studies, their empirical results indicate that price differences are not influenced by race. Copyright 1995 by University of Chicago Press.

Suggested Citation

  • Gabriel, Paul E & Johnson, Curtis & Stanton, Timothy J, 1995. "An Examination of Customer Racial Discrimination in the Market for Baseball Memorabilia," The Journal of Business, University of Chicago Press, vol. 68(2), pages 215-230, April.
    • Handle: RePEc:ucp:jnlbus:v:68:y:1995:i:2:p:215-30
    DOI: 10.1086/296661
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    Citations

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    Cited by:

    1. David W. Findlay & John M. Santos, 2012. "Race, Ethnicity, and Baseball Card Prices: A Replication, Correction, and Extension of Hewitt, Muñoz, Oliver, and Regoli," Econ Journal Watch, Econ Journal Watch, vol. 9(2), pages 122-140, May.
    2. Rodney Fort & Andrew Gill, 2000. "Race and Ethnicity Assessment in Baseball Card Markets," Journal of Sports Economics, , vol. 1(1), pages 21-38, February.
    3. Rosen, Sherwin & Sanderson, Allen, 2001. "Labour Markets in Professional Sports," Economic Journal, Royal Economic Society, vol. 111(469), pages 47-68, February.
    4. Leonard, Jonathan S. & Levine, David I., 2003. "Diversity, discrimination, and performance," Institute for Research on Labor and Employment, Working Paper Series qt19d1c3n3, Institute of Industrial Relations, UC Berkeley.
    5. Arthur Zillante, 2005. "Survival in a Declining Industry: The Case of Baseball Cards," Industrial Organization 0505004, University Library of Munich, Germany.
    6. Victor Matheson & Robert Baade, 2004. "'Death effect' on collectible prices," Applied Economics, Taylor & Francis Journals, vol. 36(11), pages 1151-1155.
    7. Brian Volz, 2013. "Race and the Likelihood of Managing in Major League Baseball," Journal of Labor Research, Springer, vol. 34(1), pages 30-51, March.
    8. Eric Stone & Ronald Warren, 1999. "Customer discrimination in professional basketball: evidence from the trading-card market," Applied Economics, Taylor & Francis Journals, vol. 31(6), pages 679-685.
    9. Francisco Rosas & Peter F. Orazem, 2014. "Is Self-Sufficiency for Women’s Collegiate Athletics a Hoop Dream? Willingness to Pay for Men’s and Women’s Basketball Tickets," Journal of Sports Economics, , vol. 15(6), pages 579-600, December.
    10. R. Todd Jewell & Robert Brown & Scott Miles, 2002. "Measuring discrimination in major league baseball: evidence from the baseball hall of fame," Applied Economics, Taylor & Francis Journals, vol. 34(2), pages 167-177.
    11. Robert Muñoz, Jr., 2012. "Beyond Race Cards in America’s Pastime: An Appreciative Reply to Findlay and Santos," Econ Journal Watch, Econ Journal Watch, vol. 9(2), pages 141-148, May.
    12. Paul Gabriel & Curtis Johnson & Timothy Stanton, 1999. "Customer racial discrimination for baseball memorabilia," Applied Economics, Taylor & Francis Journals, vol. 31(11), pages 1331-1335.

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