Evidence of bettors’ belief in the “Hot Hand” -- bettors believing teams on winning streaks will continue winning -- exists in the NBA but not the NFL. Previous research assumed that book makers set point spreads to balance betting on games. Recent research shows imbalanced betting in most...

Previous research on CEO turnover indicates that a number of factors, including age, firm performance, and expected firm performance affect CEO turnover. Measurement of expected performance in these studies is typically based on investment analysts’ forecasts of earnings; these expectations...