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CEAR Economics Workshop

From: 23 Jul 2018 - 9:00 To: 24 Jul 2017 - 17:00

CEAR Economics Workshop

The 4th sportseconomics.org workshop will be held on Monday 23rd and Tuesday 24th of July 2018. The event is being hosted by the Centre for Analysis and Risk.

The theme of these year's event is sports betting and a selection of technical academic papers in the area will be presented over the two days. 

Betting on sports is an enormously popular activity, which earns significant revenues, enhances many fans’ sense of emotional involvement with sports, and, on the downside, causes substantial welfare loss to people who gamble recklessly or addictively.

For the economist interested in people’s preferences over risk, and the interaction of these preferences with their beliefs about probabilities, sports betting provides a field setting almost ideally designed for supporting rich inferences.

Policy makers and regulators who have responsibilities associated with sports, leisure, and gambling can gain crucial insights into, and predictive leverage over, responses to changes in odds and incentives through observations of naturally occurring sports betting, as well as through economists’ laboratory and field experiments with punters.

Conference Program

Monday July 23

8:55 – 9:15       Coffee

9:15 – 9:45       Launch of the UCC Centre for Sports Economics and Law

9:45 – 10:00     Workshop welcome and Background on CEAR

10:00 – 11:00   Filippos Papakonstantinou: History-dependent risk preferences: Evidence from individual choices and implications for the disposition effect

11:00 – 11:15   Tea / coffee

11:15 – 12:15   Angie Andrikogiannopoulou: Heterogeneity in risk preferences: Evidence from a real-world betting market

12:15 – 1:15     Glenn Harrison & Eberhard Feess: Welfare Evaluation of Sports Betting Conditioned on Elicited Risk Preferences and Subjective Beliefs

1:15 – 2:30       Lunch

2:30 – 3:30       Sylvan Herskowitz: Gambling, Saving, and Lumpy Liquidity Needs

3:30 – 4:30       Amit Gandhi: TBA

 

Tuesday July 24

9:30 – 10:30     Raymond Sauer: TBA

10:30 – 11:30   Rob Simmons: Betting Markets, Outcome Uncertainty and Competitive Balance in Sports: What Have We Learned?

11:30 – 11:45   Coffee/tea

11:45 – 12:45   Brad Humphreys: A Simple Test of Semi-Strong Form Market Efficiency Using US College Sports Betting Data

12:45 – 2:00     Lunch

2:00 – 3:00       Alasdair Brown: The Use of Framing Manipulations By Victorian Bookmakers

3:00 – 4:00       David Butler, Robbie Butler and Justin Doran: Turf Accountancy - A Spatial Analysis of Bookmakers

 

Further information can be found here.  All are welcome to attend.