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Are NFL betting markets efficient? The 2012 labor dispute between the NFL and the referees is used as a quasi-experiment to assess whether the betting markets are able to achieve accurate “prices” in an uncertain environment. While the total points scored and, hence, the accuracy of the...
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We ask whether a scandal in a university's athletics department affects the quality of the incoming, first-year student body. To do so, we evaluate the child sex abuse scandal at Penn State University in 2011. The violations involved a former employee with the crimes occurring a decade prior....
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Corruption in sports represents an important challenge to their integrity. Corruption can take many forms, including match fixing by players, referees, or team officials. Match fixing can be difficult to detect. We use a unique data set to analyze variation in bet volume on Betfair, a major...
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