This study outlines the evolution of academic literature generated in response to Wolfers' (2006) widespread-point-shaving hypothesis, which put forward that roughly 1% of college basketball games involve gambling-related corruption. Researchers attempted to replicate Wolfers' findings in a...

This study examines the pre-game and within-game price movements of contracts listed on Tradesports to determine whether relevant information is quickly and accurately embedded into asset prices. Each contract represents a totals (over/under) bet on an NFL game. In traditional casino-style...

We examine the association between product endorser quality, performance expectations, and abnormal stock returns of corporate sponsors and identify a pronounced underdog effect – marginal excess returns to sponsors of the biggest underdogs are roughly double those of the biggest favorites....