This paper studies how national sentiment in the form of either a perception or a loyaltybias of bettors may affect pricing patterns on national wagering markets for international sportevents. We show theoretically that both biases can be profitably exploited by bookmakers byway of price...

Trust games are employed to investigate the effect of heterogeneity in income and race on cooperation in South Africa. The amount of socio-economic information available to the subjects about their counterparts is varied. No significant behavioural differences are observed, when no such...

Trust games are employed to investigate the effect of heterogeneity in income and race on cooperation in South Africa. The amount of socio-economic information available to the subjects about their counterparts is varied. No significant behavioural differences are observed, when no such...