Point Shaving in the NBA: An Economic Analysis of the NBA’s Point Spread Betting Market

My name is Jonathan Gibbs, and I was asked by Chris Masse to give a little insight into the paper I wrote for my economics honors thesis at Stanford University, which was recently referenced by Justin Wolfers in his NY Times op-ed piece. I undertook this project during September 2006 to study the NBA’s point spread betting market looking for the possibility of manipulation.

I started my project looking at the relevant previous economic analyses of the NBA betting market. There were two key papers that I used as the basis for my research to build upon. The first paper, Continue reading

The latest about the departing of Nobel Laureate Vernon Smith from George Mason University to Chapman University

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– Vernon Smith to Work on Californian Public Policy

In Reverse Migration, 4 Economists Lured From the West to George Mason U. Now Head to Chapman U. – Chronicle.com

– NEW LINKS News: Chapman hires Nobel Prize-winner | smith, chapman, university – OCRegister.com + Chapman’s newest hire was tempted by ideal post” + “Today’s editorial: Chapman raises its economics profile”

– NEW LINK: Chapman U. hires Nobel winner and team – Los Angeles Times

– The George Mason University statement

– The Chapman University statement

– The Wall Street Journal take

Previous: Deep Throat on the George Mason University exodus to Chapman University. + All GMU’s ICES faculty except Houser and McCabe are leaving to join Chapman University. + NOBEL LAUREATE VERNON SMITH LEAVES ROBIN HANSON’S GEORGE MASON UNIVERSITY TO GO WORKING FOR TOM W. BELL’S CHAPMAN UNIVERSITY.