This study estimates an attendance demand model in a reduced form, with uncertainty as one of the determinants of demand, to test the Uncertainty of Outcome Hypothesis (UOH), using data from the Russian Football Premier League (RFPL). These data fit our requirements for two reasons. First, there...

In this study, we estimate an attendance demand model in a reduced form, with an uncertainty as one of the determinants of demand, to test the Uncertainty of Outcome Hypothesis (UOH). Data from the Russian Football Premier League (RFPL) are used here. These data fit our requirements for two...

Our work is focused on Russian mutual funds managers' skills versus luck testing. Using the bootstrap procedure of Kosowski et al. (2007) we test Jensen's alpha significance for each fund. We found that only 5% of equity mutual funds do have skills. These results for the emerging Russian market...