Valuation Disparities in the Indian Premier League: A Study of Batsmen in the 2023 Season
| International Journal of Economics and Management Studies |
| © 2024 by SSRG - IJEMS Journal |
| Volume 11 Issue 8 |
| Year of Publication : 2024 |
| Authors : Evan Gupta |
10.14445/23939125/IJEMS-V11I8P103
How to Cite?
Evan Gupta, "Valuation Disparities in the Indian Premier League: A Study of Batsmen in the 2023 Season," SSRG International Journal of Economics and Management Studies, vol. 11, no. 8, pp. 16-22, 2024. Crossref, https://doi.org/10.14445/23939125/IJEMS-V11I8P103
Abstract:
This study investigates the valuation disparities among batsmen in the 2023 Indian Premier League (IPL) season, employing a performance measure developed by Barr and Kantor (2004). Analyzing data from 109 batsmen, the research identifies 25 undervalued and 30 overvalued players. Notably, younger batsmen (aged 20-24) tend to be undervalued, while older players are often overvalued due to their established reputations. Sunrisers Hyderabad emerged as the team undervaluing its players the most, despite the Delhi Capitals having the highest number of batsmen. Additionally, players from South Africa, Pakistan, and Barbados are more likely to be undervalued, whereas those from Australia and England are frequently overvalued. The findings highlight the need for a balanced and performance-focused evaluation process that considers both current performance and potential, irrespective of age or nationality. This study provides valuable insights for IPL franchises to optimize their spending, potentially leading to more strategic player acquisitions and balanced squad compositions. The research also underscores the importance of identifying undervalued players for better contract negotiations and opportunities, benefiting both emerging and established talents in the league.
Keywords:
Batsmen valuation, Cricket, Indian Premier League, Overvalued players, Undervalued player.
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