This paper examines whether the outcome bias harms price efficiency in betting exchange markets. In soccer, the match outcome is an unreliable performance measure, as it underestimates the high level of randomness involved in the sport. If bettors overestimate the importance of past match...

The ill-designed scoring method in the NHL incentivizes the teams to reach overtimes in matches against rivals from the other conference. In this paper, I find a statistically significant higher percentage of matches that go into overtime against rivals from the other conference than the...

The future of research on demand for sport lies in the integration of time series approaches from sports economics and the survey-based approaches from the sports marketing and consumer behaviour literature, a focus upon leagues other than elite-level major leagues in each nation, and in new...

The Formula One Championship (F1) is one of the biggest sports businesses in the world. But, however, it seems to astonish that only very few scholarly articles analyze the F1 business. The aim of this study is to contribute to closing two gaps in the existing literature: it contributes (1) to...

The Formula One Championship (F1) is one of the biggest sports businesses in the world. But, however, it seems to astonish that only very few scholarly articles analyze the F1 business. The aim of this study is to contribute to closing two gaps in the existing literature: it contributes (1) to...

The classical Uncertainty of Outcome Hypothesis (UOH) informs economists' understanding consumer decisions to attend sporting events and models of team revenue generation. Coates, Humphreys and Zhou (2014) developed a reference dependent preference based consumer choice model under uncertainty...

We explore sports gambler and bookmaker behavior by examining the pregame price movements of sports contracts listed on the Tradesports betting exchange. The vast majority of prior gambling studies that examine the price efficiency of bookmaker-style betting markets and the associated...

Two midfield teams competing in the FIA Formula One World Championship (motor racing), have reportedly lodged a formal complaint to the European Commission. They raise two concerns about violations of competition law. First, the system of allocating media revenues (predominantly from the sale of...

Despite the potential importance of awards as a possible career catalyst, the theoretical and empirical research on awards is still in its infancy. Here, we address this notable shortcoming in the economic literature by exploring data from German youth football. Analyzing whether an early career...

There is a reward for a project that can be increased through ability, effort, and cheating. This is analyzed for one agent and a team of two. As an extension, a preference for honesty is added, which can prevent cheating but not without limit and not so easily in the team context