A recent article on line changes in the point spread betting market for National Basketball Association games found evidence that trading incorporates information into price. This article examines a closely related but previously unexamined betting market—the betting market for the total...

A previous study finds a negative relationship between football success and football player graduation rates. The present study examines whether changes in freshman eligibility standards produced by Proposition 48 impact this relationship. Our data set contains the 2 years immediately prior to...