This paper investigates the impact of additional sources of information on the accuracy of pricing in wagering markets. Specifically, this paper tests whether accuracy in the wagering markets for NCAA Division I basketball improves when there are more betting lines available for a given game....

We test for a "hot hand'' (i.e., short-term predictability in performance) in Major League Baseball using panel data. We find strong evidence for its existence in all ten statistical categories we consider. The magnitudes are significant; being "hot" corresponds to between one-half and one...

We introduce a novel Skills Plus Minus (“SPM”) framework to measure on-court chemistry in basketball. First, we evaluate each player's offense and defense in the SPM framework based on three basic categories of skills: scoring, rebounding, and ball-handling. We then simulate games using the...