Scully's calculation of the MRP of baseball players is an early example of what type of valuation method?

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Scully's calculation of the MRP (Marginal Revenue Product) of baseball players is based on the fundamental valuation method, which calculates the value of an asset based on its underlying economic and financial characteristics. Scully's MRP analysis assigns a dollar value to each player's contribution to the team's revenue, taking into account factors like their batting average, fielding ability, and fan appeal. This type of analysis is considered a fundamental approach because it focuses on the underlying economic and financial factors that drive value.

Scully's Calculation of the MRP of Baseball Players Is an Early