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Al-Mhdawi, M K S (2022) Risk management of construction projects under extreme conditions: a case study of Iraq, Unpublished PhD Thesis, , University of Southampton.

Al-Sasi, B O (2007) A lean approach to capacity management in construction, Unpublished PhD Thesis, , University of Southampton.

Alfadhli, A (2013) Does the alternative dispute resolution have a role to play in the construction industry in the State of Kuwait?: look into the most appropriate methodology that may be taken in Kuwait in comparison with what are available in the English legal system, Unpublished PhD Thesis, Law School , University of Southampton.

Almeile, A M (2021) The role of political and economic stability on the success of public-private partnership (PPP) construction projects from a project management perspective, Unpublished PhD Thesis, , University of Southampton.

Baker, T O (2021) An investigation into pricing anomalies and the influence of information processing constraints on forecasts derived from sports betting markets, Unpublished PhD Thesis, , University of Southampton.

  • Type: Thesis
  • Keywords: accuracy; markets; performance; pricing; market; liquidity; probability
  • ISBN/ISSN:
  • URL: https://eprints.soton.ac.uk/452381/
  • Abstract:
    This thesis is made up of three separate papers, all of which explore how decision makers discount information in simplified financial markets where participants’ behaviour can be easily segmented. Overall, this thesis provides a valuable contribution to the existing knowledge of pricing anomalies in betting markets by identifying uncharted research niches and adopting novel applications. The first paper explicitly examines how legacy information affects the accuracy of probability forecasts, utilising data from a low liquidity sports betting market where the demographic of bettors is predominantly homogeneous. The findings are important as they shed new light on the ability of participants to discount older information, especially as increasing amounts of past performance information are processed. The second paper explores the influence of order effects in horse race betting markets which are generally ranked from highest to the lowest quality of contenders. Research suggests the way information is presented can impact how effectively information is processed by individuals. This paper finds evidence of order effects in relation to more favoured contenders which has serious implications for the most widely researched phenomena in betting markets, that is, the favourite-longshot bias. The third paper takes a novel twist on a commonly employed benchmark model to focus purely on market makers’ ability to frame accurate opening price odds. Paper three directly tests whether public information plays a role in price movements over the duration of betting. In particular, the findings challenge the current consensus in the literature.

Bakhoum, E S H (2011) A decision support system for evaluation and selection of structural materials on a sustainability basis, Unpublished PhD Thesis, Civil Engineering, University of Southampton.

Barr, D W J (2004) The department of trade and industry key performance indicators: A critical appraisal, Unpublished PhD Thesis, , University of Southampton.

Brown, D C (2003) A methodology for selecting the construction team, Unpublished PhD Thesis, , University of Southampton.

Buckingham, H (2010) Accommodating change? An investigation of the impacts of government contracting processes on third sector providers of homelessness services in South East England, Unpublished PhD Thesis, School of Social Sciences , University of Southampton.

Curtis, B (1994) Roles, responsibilities and risks in management contracts, Unpublished PhD Thesis, , University of Southampton.

Day, K D (1989) The administration of the 'botched' FIDIC contract: the problems arising out of the administration of a wrongly 'slanted' contract for turnkey projects, Unpublished PhD Thesis, , University of Southampton.

Fernandes, A G G (2014) Improving and embedding project management practice in organisations, Unpublished PhD Thesis, , University of Southampton.

Gul, S (2012) The role of conflict & negotiation in the complexity of projects, Unpublished PhD Thesis, , University of Southampton.

Jang, S G (2011) A concessionaire selection decision model: development and application for the PPP project procurement, Unpublished PhD Thesis, School of Management , University of Southampton.

Jones, B K (1998) A model for collaborative engineering the construction industry, Unpublished PhD Thesis, , University of Southampton.

Ludlow, J E (1976) Assessment and prediction of noise from construction sites, Unpublished PhD Thesis, , University of Southampton.

Moustafa, I M M (2001) A decision support system for the selection of the optimum contractor, Unpublished PhD Thesis, , University of Southampton.

Park, J (2011) Best-value in Korean public building construction, Unpublished PhD Thesis, School of Management , University of Southampton.

Rempelos, G (2023) A whole life carbon model for railway track system interventions, Unpublished PhD Thesis, , University of Southampton.

Riley, M J (2001) Re-engineering the construction procurement process, Unpublished PhD Thesis, , University of Southampton.