REFERENCES
- Black, F. and Scholes, M. (1973) The pricing of options and corporate liabilities, Journal of Political Economy, 81, 637–54. doi: 10.1086/260062
- Copeland, T. and Antikarov, V. (2001) Real Options: A Practitioner's Guide, W.W. Norton and Company, New York, pp. 179–90.
- Cox, J. C., Ross, S. A. and Rubinstein, M. (1979) Option pricing: a simplified approach, Journal of Financial Economics, 7, 229–63. doi: 10.1016/0304-405X(79)90015-1
- Crowder, M., Dixon, M., Ledford, A. and Robinson, M. (2002) Dynamic modelling and prediction of English Football League matches for betting, The Statistician, 51, 157–68.
- Dixit, A. (1989) Entry and exit decisions under uncertainty, Journal of Political Economy, 97, 620–38. doi: 10.1086/261619
- Dixit, A. and Pindyck, R. (1994) Investment under Uncertainty, Princeton University Press, Princeton, NJ.
- Dixon, M. J. and Coles, S. C. (1997) Modelling association football scores and inefficiencies in the football betting market, Applied Statistics, 46, 265–80.
- Gandar, J. M., Zuber, R. A. and Lamb, R. P. (2001) The home field advantage revisited: a search for the bias in other sports betting markets, Journal of Economics and Business, 53, 439–53. doi: 10.1016/S0148-6195(01)00040-6
- Grossman, S. (1981) Nash equilibrium and the industrial organization of markets with large fixed costs, Econometrica, 49, 1149–72. doi: 10.2307/1912748
- Hill, I. D. (1974) Association football and statistical inference, Applied Statistics, 23, 203–8. doi: 10.2307/2347001
- Klemperer, P. (1995) Competition when consumers have switching costs: an overview with applications to industrial organization, macroeconomics and international trade, Review of Economic Studies, 62, 515–39. doi: 10.2307/2298075
- Maher, M. J. (1982) Modelling association football scores, Statistica Neerlandica, 36, 109–18. doi: 10.1111/j.1467-9574.1982.tb00782.x
- Margrabe, W. (1978) The value of an option to exchange one asset for another, Journal of Finance, 33, 177–86. doi: 10.1111/j.1540-6261.1978.tb03397.x
- Moroney, M. J. (1956) Facts from Figures, 3rd edn, London, Penguin.
- Newton, D. P. and Pearson, A. W. (1994) Application of option pricing theory to R&D, R&D Management, 24, 83–9.
- Reep, C., Pollard, R. and Benjamin, B. (1971) Skill and chance in ball games, Journal of the Royal Statistical Society Series, 131, 581–5. doi: 10.2307/2343726
- Robert, C. M. (1998) Applications of option-pricing theory: twenty-five years later, The American Economic Review, 88, 323–49.
- Rue, H. and Salvesen, O. (2000) Prediction and retrospective analysis of soccer matches in a league, The Statistician, 49, 399–418.
- Yang, T. Y. and Swartz, T. (2004) A two-stage Bayesian model for predicting winners in major league baseball, Journal of Data Science, 2, 61–73.
![Supercharge Your Next Research Paper: Research and write your next paper with Jenni AI.]({"type":"image" , "src" : "/sda/112446/MPU-L1EB.png"})