A significant body of theoretical literature has argued that popular interest in sporting contests between teams is heavily influenced by how difficult it is to predict the result <italic>ex-ante</italic>. Empirical research has, however, been unable to reach a consensus on the magnitude of uncertainty of...

P<sc>aton</sc> D. and V<sc>aughan</sc> W<sc>illiams</sc> L. Do new gambling products displace old? Evidence from a postcode analysis. <italic>Regional Studies</italic>. This paper examines the extent to which new gambling products displace traditional products. In particular, it tests whether the introduction of fixed-odds betting...

Although trading in securities in conventional financial markets on the basis of inside information is restricted by law, the rules against such trading in better markets are rather more ambiguous. It is argued in this paper that, since insider trading in betting markets imposes a cost on the...

This paper analyses investments by firms into areas of corporate social responsibility, focussing on the decision by firms whether or not to invest in compliance with voluntary environmental standards. Theoretical predictions of the compliance decision are tested using discrete time survival...