To Play or Not to Play? An Analysis of Dispositions, Gambling, and Daily Fantasy Sport

2019 ◽  
Vol 33 (3) ◽  
pp. 174-188 ◽  
Author(s):  
Brendan Dwyer ◽  
Joris Drayer ◽  
Stephen L. Shapiro
Keyword(s):  
Business Models ◽  
State Legislatures ◽  
Late Summer ◽  
Sports Participation ◽  
Fantasy Sports ◽  
Policy Makers ◽  
Consumption Behavior ◽  
Fantasy Football ◽  
Daily Fantasy Sports ◽  
New Form

Following a mega-advertising blitz in the late summer of 2015, daily fantasy sports (DFSs) entered a maturing fantasy sports market as a new, highly accessible, and potentially lucrative alternative to traditional, season-long fantasy sports. The two activities share a name but represent substantially different business models. In the view of some policy makers and state legislatures, DFS appeared to resemble a new form of sports wagering and as a result, several U.S. states banned the activity. The current study examined the consumption behavior differences and gambling-related dispositions of those fantasy participants who play DFS and those who do not. A total of 314 fantasy football participants were surveyed, and the results contribute to what we know about gambling and DFS participation. Although distinct differences were found between the two groups, the overall assessment of the findings suggest DFS participation appears to align more with highly involved traditional, season-long fantasy sports participation than other forms of gambling.

Player Pricing Mechanisms and the Daily Fantasy Sport Chance Versus Skill Debate

2021 ◽  
Vol 16 (4) ◽  
Author(s):  
Jeremy Losak
Keyword(s):  
The United States ◽  
Necessary Condition ◽  
Theoretical Discussion ◽  
Fantasy Sports ◽  
Fantasy Football ◽  
Legal Implications ◽  
Expected Performance ◽  
Game Player ◽  
Predominant Factor ◽  
Daily Fantasy Sports

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 mechanism that can be incorporated by skilled participants to increase their expected performance and improve their chances of winning. This provides evidence that daily fantasy sports are skill-based—a necessary condition for skill to be a predominant factor in game outcomes as part of the legal debate.

Daily Fantasy Sports and PASPA

2017 ◽  
Author(s):  
Daniel L. Wallach
Keyword(s):  
Attorney General ◽  
Analytical Framework ◽  
Sports Betting ◽  
Fantasy Sports ◽  
State Legislation ◽  
Sports Industry ◽  
Sports Gambling ◽  
Daily Fantasy Sports ◽  
State Legislative ◽  
Legislative Measures

Recent state legislation regulating fantasy sports contests may present a different type of threat to the nascent fantasy sports industry—the possibility that the U.S. Attorney General (or others) could invoke PASPA to enjoin the state law. This is the same law that prohibits states from legalizing traditional, single-game sports betting. Although PASPA has not yet surfaced as an obstacle to state legalization of DFS, it may emerge as an important issue as additional state legislative measures are introduced, particularly with a new U.S. Attorney General potentially taking a harder look at Internet gambling generally. Further, as more and more states begin passing laws legalizing daily fantasy sports contests, many have begun to question why some forms of sports gambling are allowed but not others. This chapter examines how PASPA could apply to state-sanctioned fantasy sports and provides an analytical framework for assessing the viability of such legislation under PASPA.

scholarly journals Carsharing: a systematic literature review and research agenda

2021 ◽  
Vol 32 (6) ◽  
pp. 55-91
Author(s):  
Brenda Nansubuga ◽  
Christian Kowalkowski
Keyword(s):  
Literature Review ◽  
Business Models ◽  
Theory And Practice ◽  
Service Research ◽  
Policy Makers ◽  
Content Type ◽  
Customer Base ◽  
State Of Research ◽  
Systematic Selection ◽  
Future Work

PurposeFollowing the recent surge in research on carsharing, the paper synthesizes this growing literature to provide a comprehensive understanding of the current state of research and to identify directions for future work. Specifically, this study details implications for service theory and practice.Design/methodology/approachSystematic selection and analysis of 279 papers from the existing literature, published between 1996 and 2020.FindingsThe literature review identified four key themes: business models, drivers and barriers, customer behavior, and vehicle balancing.Practical implicationsFor managers, the study illuminates the importance of collaboration among stakeholders within the automotive sector for purposes of widening their customer base and maximizing utilization and profits. For policy makers, their important role in supporting carsharing take-off is highlighted with emphasis on balancing support rendered to different mobility services to promote mutual success.Originality/valueThis is the first systematic multi-disciplinary literature review of carsharing. It integrates insights from transportation, environmental, and business studies, identifying gaps in the existing research and specifically suggesting implications for service research.

scholarly journals Data Papers as a New Form of Knowledge Organization in the Field of Research Data

2019 ◽  
Vol 46 (8) ◽  
pp. 622-638
Author(s):  
Joachim Schöpfel ◽  
Dominic Farace ◽  
Hélène Prost ◽  
Antonella Zane
Keyword(s):  
Business Models ◽  
Open Science ◽  
Research Data ◽  
Data Driven ◽  
Academic Publishing ◽  
Science Data ◽  
Research Data Management ◽  
Fair Principles ◽  
New Form ◽  
Machine Readable

Data papers have been defined as scholarly journal publications whose primary purpose is to describe research data. Our survey provides more insights about the environment of data papers, i.e., disciplines, publishers and business models, and about their structure, length, formats, metadata, and licensing. Data papers are a product of the emerging ecosystem of data-driven open science. They contribute to the FAIR principles for research data management. However, the boundaries with other categories of academic publishing are partly blurred. Data papers are (can be) generated automatically and are potentially machine-readable. Data papers are essentially information, i.e., description of data, but also partly contribute to the generation of knowledge and data on its own. Part of the new ecosystem of open and data-driven science, data papers and data journals are an interesting and relevant object for the assessment and understanding of the transition of the former system of academic publishing.

scholarly journals Optimising Daily Fantasy Sports Teams with Artificial Intelligence

2020 ◽  
Vol 19 (2) ◽  
pp. 21-35
Author(s):  
Ryan Beal ◽  
Timothy J. Norman ◽  
Sarvapali D. Ramchurn
Keyword(s):  
Real World ◽  
National Football League ◽  
Mixed Integer ◽  
Data Sets ◽  
Fantasy Sports ◽  
Real World Data ◽  
Sports Teams ◽  
Novel Approach ◽  
Four Seasons ◽  
Daily Fantasy Sports

AbstractThis paper outlines a novel approach to optimising teams for Daily Fantasy Sports (DFS) contests. To this end, we propose a number of new models and algorithms to solve the team formation problems posed by DFS. Specifically, we focus on the National Football League (NFL) and predict the performance of real-world players to form the optimal fantasy team using mixed-integer programming. We test our solutions using real-world data-sets from across four seasons (2014-2017). We highlight the advantage that can be gained from using our machine-based methods and show that our solutions outperform existing benchmarks, turning a profit in up to 81.3% of DFS game-weeks over a season.

Building an Infrastructure to Support the Use of Government Administrative Data for Program Performance and Social Science Research

2017 ◽  
Vol 675 (1) ◽  
pp. 240-252 ◽  
Author(s):  
Julia Lane
Keyword(s):  
Community Of Practice ◽  
Business Models ◽  
Focal Point ◽  
Social Science Research ◽  
Science Research ◽  
Multiple Stakeholders ◽  
Policy Makers ◽  
Data Infrastructure ◽  
The Public ◽  
Intellectual Engagement

This article provides an overview of the elements necessary to build a sustainable research data infrastructure. I argue that it needs the financial and intellectual engagement of a community of practice. Most attention has been paid to researchers and policy-makers, but a third group—government programmatic agencies—must be a focal point since they act as both data producers and as policy implementers. I also discuss possible business models that are both consistent with serving the needs of multiple stakeholders and that are not completely dependent on the largesse of the public purse.

Are Wearables Good or Bad for Society?

2018 ◽  
pp. 1313-1337 ◽  
Author(s):  
Daniel W. E. Hein ◽  
Jennah L. Jodoin ◽  
Philipp A. Rauschnabel ◽  
Björn S. Ivens
Keyword(s):  
Augmented Reality ◽  
Market Research ◽  
Wearable Devices ◽  
Exploratory Research ◽  
Policy Makers ◽  
Smart Glasses ◽  
Societal Benefits ◽  
Copyright Laws ◽  
The Media ◽  
New Form

Recent market research forecasts predict that a new form of wearable devices will soon influence the media landscape: Augmented Reality Smart Glasses. While prior research highlights numerous potentials in personal and professional settings of smart glasses, this technology has also triggered several controversies in public discussions, for example, the risk of violating privacy and copyright laws. Yet, little research addresses the questions of whether smart glasses are good or bad for societies, and if yes, why. This study conducts exploratory research to contribute to narrowing this gap. Based on a survey among consumers, the authors identify several societal benefits and risks that determine consumers' evaluation of the anticipated and desired success of smart glasses. These findings lead to numerous important implications for consumers, scholars, managers, and policy makers.

Sustaining and Growing Social Innovations Using Integrated Development Models

2020 ◽  
pp. 96-132
Author(s):  
Paul M. Weaver ◽  
Michael B. Marks ◽  
Carina Skropke ◽  
Linda Marie Hogan ◽  
Gabriella Spinelli
Keyword(s):  
Community Development ◽  
Business Models ◽  
Local Community ◽  
Integrated Development ◽  
Policy Makers ◽  
Development Models ◽  
Social Innovations ◽  
Asset Based Community Development ◽  
Time Bank ◽  
Evidence Gathering

In this chapter on “Sustaining and Growing Social Innovations Using Integrated Development Models,” development models are considered to be integrated when activities that are primarily directed toward delivering positive social outcomes also generate income to cover their financial costs, thus providing scope for sustaining and scaling the activities and their social benefits. It identifies harbingers of integrated development models emerging through the efforts of some social innovators. Insights are drawn from the experiences of time bank success cases. The chapter explores their business models and, more generally, their contributions to the development of complementary local community economies that might offer structured, coherent, and coordinated approaches to asset-based community development. The chapter recommends that policy-makers legitimize experiments with complementary economies and currencies, digital currency platforms, and governance arrangements for these. It proposes a community laboratory approach to innovation, learning, and evidence gathering through experiments co-produced with local communities and stakeholders.

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