We analyze the efficiency of English football betting markets between 2002 and 2006. We find evidence of a positive favourite-longshot bias for both home odds and away odds. Draw odds are instead characterized by a negative longshot bias. We also identify a draw bias in the sense that betting at...

In this note, we analyze whether the International Cycling Union’s ‘index of suspicion’, which reflects the extent to which a rider is suspected of using doping, correlates with performance during the 2010 Tour de France Though our point estimates suggest a medium sized performance...

When studying the problem of the emergence of superstars, scholars face great difficulties in measuring talent, obtaining confidential data on earnings, and finding econometric techniques that lead to results that are robust to the presence of outliers (superstars). In this paper we use an...