This paper looks for evidence of weak form inefficiency in the British racetrack betting market, in particular the bookmaker-based market. In addition, it seeks to identify market segments, based on the degree of expertise of participants (races run during holiday v.s. non holiday periods),...

Regulation is often employed to encourage the provision of readily interpretable, explicit information to betting markets in an effort to promote their efficiency. This approach is supported by a considerable volume of laboratory-based research which suggests that individuals make poor judgments...

Forecasting methods are routinely employed to predict the outcome of competitive events (CEs) and to shed light on the factors that influence participants’ winning prospects (e.g., in sports events, political elections). Combining statistical models’ forecasts, shown to be highly successful...

Betting markets have drawn much attention in the economics, finance and operational research literature because they provide a valuable window on the manner in which individuals use information in wider financial markets. One question that has received particular attention is to what extent...

Demographic characteristics of socially responsible investors (SRIs) are likely to play a significant role in shaping their perceptions and behaviour concerning corporate social responsibility (CSR). This paper identifies demographic characteristics of SRIs and explores the relationship of these...

This paper uses an analysis of betting decisions made in offcourse betting offices in the UK to explore differences between the nature of male and female betting behaviour. Specifically gender differences in levels of performance, propensity for risk taking and levels of confidence in betting...

This study complements the existing literature on decision-making processes and outcomes in complex settings by exploring the impact of different types of complexity on risk strategies in a naturalistic setting. The study analyses a large sample of decisions made by individuals in UK offcourse...

This paper reports the results of a field study examining the ability of decision-makers to effectively account for evolving and sporadically changing information in their subjective probability judgments. The research is conducted in a naturalistic setting where it is possible to measure the...