Trade liberalisation has gained momentum in recent decades due to the increased popularity of free trade areas and the continued progress of multilateral liberalisation via the World Trade Organisation (WTO). We analyse how likely changes in the global trading environment will influence New...

We construct strength measures based on wins and potential bonuses and use a prediction model to determine bonuses that are significantly correlated with team strength. The results reveal that the bonus for losing by seven or fewer points is strongly statistically significant, bonuses for...