A detailed longitudinal dataset is assembled containing annual performance and biographical data for every player over the entire history of professional major league baseball. The data are then aggregated to the team level for the period 1920-2009 in order to test whether teams built on a more...

We consider the impact of breaking news on market prices by looking at activity on the micro-blogging platform Twitter surrounding the #bigotgate scandal during the 2010 UK General Election, and subsequent movements of betting prices on a prominent betting exchange, Betfair. We find that the...

The more information is available, and the more predictable are events, the better forecasts ought to be. In this paper forecasts by bookmakers, prediction markets and tipsters are evaluated for a range of events with varying degrees of predictability and information availability. All three...

Corruption is hidden action which distorts allocations of resources away from competitive outcomes. Hence the detection of such actions is both dicult yet important. In many economic contexts, agent actions are unobservable by principals and hence detection is dicult; sport offers a...

In this comprehensive Handbook, John Goddard and Peter Sloane present a collection of analytical contributions by internationally regarded scholars in the field, which extensively examine the many economic challenges facing the world's most popular team sport.

The more information is available, and the more predictable are events, the better forecasts ought to be. In this paper forecasts by bookmakers, prediction markets and tipsters are evaluated for a range of events with varying degrees of predictability and information availability. All three...

This paper examines evidence for a stable inverse relationship between the wages paid to workers and the unemployment rate across local labour markets in New Zealand, a phenomenon known as the wage curve. A variety of specifications of the wage curve are examined. Overall, weighted least squares...

This paper applies a simple method for decomposing changes in inequality to earnings data from the New Zealand Income Survey and extends it to analyse changes in inequality between men and women. Earnings inequality rose among both males and females between 1998 and 2008. In both cases, the...

This paper uses panel data techniques to examine the relationship between unemployment and a range of categories of crime in New Zealand. The data set covers sixteen regions over the period 1984 to 1996. Random and fixed effects models are estimated to investigate the possibility of a causal...