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- Baseball (3)
- Daily fantasy sports (3)
- Behavioral bias (2)
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- Bradley-Terry (1)
- Chance versus skill (1)
- College athletics (1)
- College football (1)
- Efficient market hypothesis (1)
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- Home field advantage (1)
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- Rents (1)
- Simulations (1)
- Smart money (1)
- Stadium attendance demand (1)
- Television coverage (1)
Articles 1 - 30 of 62
Full-Text Articles in Medicine and Health Sciences
Behavioral Biases In Daily Fantasy Baseball: The Case Of The Hot Hand, Jeremy M. Losak, Andrew P. Weinbach, Rodney J. Paul
Behavioral Biases In Daily Fantasy Baseball: The Case Of The Hot Hand, Jeremy M. Losak, Andrew P. Weinbach, Rodney J. Paul
Sport Management - All Scholarship
Despite mixed evidence, sport participants and fans heavily believe in the existence of the hot hand. Prior literature examining NBA and NFL betting markets found betters were biased toward hot teams. Using a unique market and data set, this study identifies if the hot hand is prevalent in daily fantasy baseball contests, if there is a profitable hot hand selection strategy, and if consumers believe in its existence. Results show that while there is no evidence of a hot hand effect, and no evidence of a profitable hot hand strategy, consumers believe in and incorporate it in their lineup decisions.
Does Smart Money Believe In The Hot Hand? Evidence From Daily Fantasy Baseball, Jeremy M. Losak, Andrew P. Weinbach, Rodney J. Paul
Does Smart Money Believe In The Hot Hand? Evidence From Daily Fantasy Baseball, Jeremy M. Losak, Andrew P. Weinbach, Rodney J. Paul
Sport Management - All Scholarship
The behavior of informed traders, or 'smart money,' in sports betting markets has long been f interest to researchers. In this paper, we focus specifically on the behavior of smart money in Major league Baseball (MLB) daily fantasy sports (DFS) contests to determine if they avoid cognitive behavioral biases to increase their expected earnings. Specifically, we investigate whether smart money avoids the hot hand bias, where individuals tend to overestimate the likelihood of success for players on a hot streak. Using a dataset of MLB DFS contests, we find that winning lineups have lower usage rates for players exhibiting the …
On The Value Of A Premium College Football Player: Evaluating The Literature, Jeremy M. Losak, Benjamin J. Posmanick, Raymond Sauer
On The Value Of A Premium College Football Player: Evaluating The Literature, Jeremy M. Losak, Benjamin J. Posmanick, Raymond Sauer
Sport Management - All Scholarship
Over the past decade, the issue of player compensation in college sports has been the subject of several successful legal challenges. Athletes contend that the compensation they receive falls significantly short of the value they generate, attributing this gaps to unlawful NCAA restrictions. Numerous tools exist in the sport economic literature that estimate the value of colelge athletes, with an emphasized focus towards premium college football players. In addition to providing updated estimate of player marginal revenue product (MRP), we review past and contemporary methodologies for esitmating colllege player MRPs. We contend that, while presenting some evidence that restrictions on …
The Bradley-Terry Model In Binary Outcome Driven Rankings: An Apllication In Amateur Hockey, Connor Meissner, Jeremy M. Losak
The Bradley-Terry Model In Binary Outcome Driven Rankings: An Apllication In Amateur Hockey, Connor Meissner, Jeremy M. Losak
Sport Management - All Scholarship
Ranking systems serve critical roles in sport settings, most notably in determining playoff participants and seeding. Numerous ranking methodologies exist that incorporate many input measures and produce models that are highly predictive of game outcomes. However, there are circumstances—especially for amateur sport leagues—in which more complex inputs are either unavailable or not desirable, as they may lead to adverse performance incentives. Therefore, the goal of this paper is to highlight a ranking methodology that only considers binary game outcomes, i.e., wins and losses. Specifically, we consider the efficacy of the Bradley-Terry Model to rank sport teams for playoff consideration. We …
College Football Television And Attendance: The Problem With Selection Bias, Jeremy M. Losak, Samuel Marteka, Mackenzie Mangos
College Football Television And Attendance: The Problem With Selection Bias, Jeremy M. Losak, Samuel Marteka, Mackenzie Mangos
Sport Management - All Scholarship
Television coverage's impact on college football attendance is a topic of debate. Between 2005 and 2019, annual growth in athletic department revenues for Football Bowl Subdivision (FBS) schools from media rights, postseason football, and National Collegiate Athletic Association (NCAA) conference distributions far exceed revenue growth in ticket sales revenue. This study re-evaluates the substitution or complementarity of television coverage and stadium attendance in college football with updated data while controlling for selection bias through endogenous treatment regression. Although initial results reveal a positive correlation between television coverage and attendance, national coverage and attendance appear to be substitutes after controlling for …
Baseball Home Field Advantage Without Fans In The Stands, Jeremy M. Losak, Joseph Sabel
Baseball Home Field Advantage Without Fans In The Stands, Jeremy M. Losak, Joseph Sabel
Sport Management - All Scholarship
Home field advantage is universally accepted across most major sports and levels of competition. However, exact causes of home field advantage have been difficult to disentangle. The COVID-19 pandemic offers a unique, natural experiment to isolate elements related to home field advantage since all 2020 regular season Major League Baseball games were played without fans. Results provide no statistically significant evidence of a difference in home field advantage between the 2019 and 2020 seasons, evidence that home crowd support is not a driver of home field advantage. There does appear to be a statisitcal advantage by the home team batting …
Player Pricing Mechanisms And The Daily Fantasy Sport Chance Versus Skill Debate, Jeremy M. Losak
Player Pricing Mechanisms And The Daily Fantasy Sport Chance Versus Skill Debate, Jeremy M. Losak
Sport Management - All Scholarship
Differentiating and defining games of skill versus chance have major legal implications when classifying gambling, especially in relation to daily fantasy sports in the United States.This paper provides a theoretical discussion and introduces an empirical approach to analyzing game player pricing mechanisms. If game pricing mechanisms are fully efficient - player prices fully reflect the expected contributions from players-then that game is one of chance since there is no opportunity for skill to play a role in outcomes. This paper examines player prices from DraftKings' daily fantasy football product. Empirical results show that there are strategies deriving from the pricing …
How Ioc’S Pound Sees Anti-Doping, Marketing Efforts Evolving, Rick Burton, Norm O'Relly
How Ioc’S Pound Sees Anti-Doping, Marketing Efforts Evolving, Rick Burton, Norm O'Relly
Sport Management - All Scholarship
No abstract provided.
What Americans Can Learn From Sports Day In Canada?, Rick Burton, Norm O'Relly
What Americans Can Learn From Sports Day In Canada?, Rick Burton, Norm O'Relly
Sport Management - All Scholarship
No abstract provided.
Could Sponsor Alliance Spread To North American Sports?, Rick Burton, Norm O'Relly
Could Sponsor Alliance Spread To North American Sports?, Rick Burton, Norm O'Relly
Sport Management - All Scholarship
No abstract provided.
Assessing Vancouver After Facts, Accusations, Shades Of Truth, Rick Burton, Norm O'Relly
Assessing Vancouver After Facts, Accusations, Shades Of Truth, Rick Burton, Norm O'Relly
Sport Management - All Scholarship
No abstract provided.
When Athletes Become Legends, Do Their Sponsors Also, Rick Burton, Norm O'Relly
When Athletes Become Legends, Do Their Sponsors Also, Rick Burton, Norm O'Relly
Sport Management - All Scholarship
No abstract provided.
Why Lacrosse’S Popularity Is Spreading Across The U.S.?, Rick Burton, Norm O'Relly
Why Lacrosse’S Popularity Is Spreading Across The U.S.?, Rick Burton, Norm O'Relly
Sport Management - All Scholarship
No abstract provided.
Analysis Must Show Nhl The Value Of Olympic Competition, Rick Burton, Norm O'Relly
Analysis Must Show Nhl The Value Of Olympic Competition, Rick Burton, Norm O'Relly
Sport Management - All Scholarship
No abstract provided.
U.N. Role Offers Ioc Chance To Place Sport Amid Global Priorities, Rick Burton, Norm O'Relly
U.N. Role Offers Ioc Chance To Place Sport Amid Global Priorities, Rick Burton, Norm O'Relly
Sport Management - All Scholarship
No abstract provided.
Opportunity Now For Paralympics To Grab N. American Spotlight, Rick Burton, Norm O'Relly
Opportunity Now For Paralympics To Grab N. American Spotlight, Rick Burton, Norm O'Relly
Sport Management - All Scholarship
No abstract provided.
Nhl Must Be Strong On Power Plays Of Innovation, Globalization, Rick Burton, Norm O'Relly
Nhl Must Be Strong On Power Plays Of Innovation, Globalization, Rick Burton, Norm O'Relly
Sport Management - All Scholarship
No abstract provided.
Why Canada’S Paint The Town Red Program Looks Like A Winner?, Rick Burton, Norm O'Relly
Why Canada’S Paint The Town Red Program Looks Like A Winner?, Rick Burton, Norm O'Relly
Sport Management - All Scholarship
No abstract provided.
Party Favors For Sports: Strong Usoc, Spectacular World Cup, Rick Burton, Norm O'Relly
Party Favors For Sports: Strong Usoc, Spectacular World Cup, Rick Burton, Norm O'Relly
Sport Management - All Scholarship
No abstract provided.
U.S. Facing A Generation Without Playing Host To Olympics, Rick Burton, Norm O'Relly
U.S. Facing A Generation Without Playing Host To Olympics, Rick Burton, Norm O'Relly
Sport Management - All Scholarship
No abstract provided.
Forecast For 2016 Olympics Vote: Dollars Vs. Development, Rick Burton, Norm O'Relly
Forecast For 2016 Olympics Vote: Dollars Vs. Development, Rick Burton, Norm O'Relly
Sport Management - All Scholarship
No abstract provided.
Consider Intangibles When Weighing Olympic Host City Benefits, Rick Burton, Norm O'Relly
Consider Intangibles When Weighing Olympic Host City Benefits, Rick Burton, Norm O'Relly
Sport Management - All Scholarship
No abstract provided.
Usoc Network Could Join List Of Broadcast Tipping Points, Rick Burton
Usoc Network Could Join List Of Broadcast Tipping Points, Rick Burton
Sport Management - All Scholarship
No abstract provided.
Larger-Than-Life Athletes Must Come Down To Earth Occasionally, Rick Burton
Larger-Than-Life Athletes Must Come Down To Earth Occasionally, Rick Burton
Sport Management - All Scholarship
No abstract provided.
If It’S Not The Shoes, It’S Gotta Be The (Leather) Ball, Rick Burton
If It’S Not The Shoes, It’S Gotta Be The (Leather) Ball, Rick Burton
Sport Management - All Scholarship
No abstract provided.
Industry’S Work Plan: Let The Kids Play, Rick Burton
Industry’S Work Plan: Let The Kids Play, Rick Burton
Sport Management - All Scholarship
No abstract provided.
Ncaa Needs More Than Rules, Rewards, Rick Burton, James Terbrogs
Ncaa Needs More Than Rules, Rewards, Rick Burton, James Terbrogs
Sport Management - All Scholarship
No abstract provided.
Xi Women Who Took Title Ix To Front Office, Rick Burton
Xi Women Who Took Title Ix To Front Office, Rick Burton
Sport Management - All Scholarship
No abstract provided.
R&D Is How Best Companies Stay That Way, Rick Burton
R&D Is How Best Companies Stay That Way, Rick Burton
Sport Management - All Scholarship
No abstract provided.
N.Y.’S Olympic Path Is Paved With Gold, Rick Burton
N.Y.’S Olympic Path Is Paved With Gold, Rick Burton
Sport Management - All Scholarship
No abstract provided.