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