This paper develops a theoretical framework to explain the limited effect of business development programs (BDPs) on entrepreneurs' profits. We argue that a mismatch between a BDP's narrow focus on business-promoting strategies and the wider context in which microentrepreneurs operate can limit...

This online appendix accompanies the paper “The Conversion of Money Lines into Win Probabilities: Reconciliations and Simplifications” by the same authors.Full paper available at: 'https://ssrn.com/abstract=2658335' https://ssrn.com/abstract=2658335

We contribute to the literature on money line betting markets by investigating the relationships between the various methods used to derive subjective win probabilities from money lines. We show that, although the seven methods described appear to be unique, they actually share many common...

This paper investigates the impact of additional sources of information on the accuracy of pricing in wagering markets. Specifically, this paper tests whether accuracy in the wagering markets for NCAA Division I basketball improves when there are more betting lines available for a given game....