We examine the effects of financial incentives on effort supplied by football clubs in European domestic leagues. Tournament theory predicts that the amount of effort supplied varies with returns to effort. We analyze variation in 31,746 domestic league match outcomes in ten European leagues...

Survey data on participation in gambling typically contain many zeros. The presence of many zeros presents methodological problems for the analysis of participation in gambling markets and gambling expenditure. The most common techniques for handling zeros in gambling data have been the Tobit...

Many sports leagues use unbalanced schedules where teams do not play each opponent an equal number of times each season. In many leagues, teams that do not make the playoffs have the opportunity to improve by drafting highly skilled amateur players in the next entry draft, but the opportunity to...

Governments world-wide increasingly rely on gambling revenues, increasing the importance of understanding who gambles and why. Previous literature used Tobit and Heckman models to statistically analyse participation in gambling. These models make strong assumptions about the nature of gambling...

A test of the predictions of Dana’s (2001) model of monopoly price dispersion under demand uncertainty using ticket price data from Major League Baseball shows that ticket price dispersion changes systematically with demand uncertainty, verifying the predictions of the model.

Taylor and Trogdon found evidence of shirking under some, but not all, draft lottery systems used in three different National Basketball Association (NBA) seasons. The authors use data from all NBA games played from 1977 to 2007 and a fixed effects model to control for unobservable team and...

Much research examines the positive and negative impacts of gambling in specific areas, including the relationship between gambling, such as casinos and electronic gaming, on crime. Since Grinols and Mustard, the academic literature finds a mixed relationship. The present research examines the...