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A comparison of two voting models to forecast election into The National Baseball Hall of Fame
Author(s) -
Findlay David W.,
Reid Clifford E.
Publication year - 2002
Publication title -
managerial and decision economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.288
H-Index - 51
eISSN - 1099-1468
pISSN - 0143-6570
DOI - 10.1002/mde.1050
Subject(s) - voting , index (typography) , econometrics , advertising , economics , political science , computer science , business , law , politics , world wide web
We present a comparison of two voting models to forecast election into The National Baseball Hall of Fame by the Baseball Writers Association of America. Although both voting models provide similar predictions on which eligible players should be elected into the Baseball Hall of Fame, we believe that the voting model that uses individual performance variables rather than a single performance index is marginally better because it allows the data to determine the relative importance of the individual performance variables included in the single performance index. Copyright © 2002 John Wiley & Sons, Ltd.