J E V JOHNSON
Biographic Data
| ID | 5738010 |
|---|---|
| NAME | J E V JOHNSON |
| GIVEN NAMES | J E V |
| FAMILY NAME | JOHNSON |
| SIGNATURE | JOHNSON J E V |
| AFFILIATIONS | University of Southampton |
| VERIFIED | No |
| TOTAL WORKS | 11 |
| TOTAL CITATIONS | 21 |
| AUTHOR COUNT | 11 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1992 |
| LATEST PUBLICATION YEAR | 2022 |
| H-INDEX | 3 |
Differential Effects of Device Modalities and Exposure to Online Reviews on Online Purchasing
We model the effect of online information search across mobile (smartphone and tablet) and nonmobile (personal computer [PC], both desktop and laptop) platforms on frequency of purchasing per online shopping session. Using clickstream data from a multinational retailer, we find that device modality drives purchase frequency, likely due to the differential ease of use of PCs, tablets, and smartphones. In particular, frequency of completed orders i…
Evidence of Biased Decision-Making in Betting Markets
Betting markets constitute naturalistic decision-making environments, which offer great potential for helping to understand individuals’ decision-making behavior. These markets feature many of the aspects of real-world decision environments. In particular, they are associated with rich, dynamic information sets, offer strong incentives to participants for success, require the commitment of the individual’s own resources, and involve repeated tria…
Unconventional competition – drawing lessons from the military
We explore aspects of unconventional competition between firms. In particular, we address two critical questions. The first is: what happens when firms decide to compete outside the rules and frameworks of conventional competition? In other words, how should firms react to competitors who employ unconventional means of competition that differ from recognised Western ethical and legal norms? Secondly, we examine whether current warfare models prov…
Risk management and its practical application
This study explores, using predominately qualitative data, the risk management approaches of British Army officers in operational theatre. Risks within an operational context are particularly challenging for the British Army to manage due to external constraints such as its adherence to various rules of engagement and international conventions such as the Geneva Convention . The British Armyâ€ÂTMs centralised and highly structured control and reg…
Revealing Weak‐Form Inefficiency in a Market for State Contingent Claims
This paper examines the degree to which current prices discount historical prices in a market for state contingent claims. Conditional logit analysis is employed to predict winning probabilities, based on market prices in a betting market. These are used, together with various wagering strategies to yield substantial abnormal returns. Consequently, in contrast to the existing literature, the results suggest that the market is not weak form effici…
Risk strategy under task complexity
This study complements the existing literature on decision-making processes and outcomes in complex settings by exploring the impact of different types of complexity on risk strategies in a naturalistic setting. The study analyses a large sample of decisions made by individuals in UK offcourse betting markets, a fertile environment for observing both a variety of risk strategies and a range of task complexities. Specifically, the investigation fo…
A Probit Model for Estimating the Effect of Complexity on Risk Taking
This study was designed to explore the risk strategy employed in complex settings by conducting an empirical analysis of 1212 decisions made in the UK offcourse betting market. The decision-making environment chosen for the study is identified as offering the advantages of a naturalistic setting and providing scope for observing risk strategy in a range of alternative- and attribute-based complexity conditions. Specifically, the investigation emp…
Decision-Making under Risk
This paper examined the effect of complexity on performance in decision-making under risk employing a database of 1161 randomly sampled betting decisions made during 1987 in offcourse horserace betting offices situated throughout the UK. The setting for the study is characterised by important ecological advantages over laboratory or alternative naturalistic settings. Complexity is defined in terms of both the number of alternatives in the decisio…
Costing excitement in leisure betting
The objective of this paper is to explore the effects of excitement on the nature of betting decisions. As such, it addresses an area of inquiry, the relationship between excitement and leisure, which has received only limited attention in the literature. A distinctive feature of the paper is its use of a large and geographically dispersed sample of real betting decisions made in UK betting offices. Two procedures are employed to test the existen…
Male and female betting behaviour
Toward an explanation of betting as a leisure pursuit
This paper uses an analysis of betting decisions to explore the motivations underlying offcourse horserace betting — a leisure activity which accounted for a turnover of £4.3 billion in the UK in 1989/90. Specifically, four possible motivations are considered: financial gain, intellectual challenge, social interaction and excitement. A testable proposition is developed, linking each motivation to a particular time period in which the bet is place…
Toward an explanation of betting as a leisure pursuit
This paper uses an analysis of betting decisions to explore the motivations underlying offcourse horserace betting — a leisure activity which accounted for a turnover of £4.3 billion in the UK in 1989/90. Specifically, four possible motivations are considered: financial gain, intellectual challenge, social interaction and excitement. A testable proposition is developed, linking each motivation to a particular time period in which the bet is place…
Costing excitement in leisure betting
The objective of this paper is to explore the effects of excitement on the nature of betting decisions. As such, it addresses an area of inquiry, the relationship between excitement and leisure, which has received only limited attention in the literature. A distinctive feature of the paper is its use of a large and geographically dispersed sample of real betting decisions made in UK betting offices. Two procedures are employed to test the existen…
Risk management and its practical application
This study explores, using predominately qualitative data, the risk management approaches of British Army officers in operational theatre. Risks within an operational context are particularly challenging for the British Army to manage due to external constraints such as its adherence to various rules of engagement and international conventions such as the Geneva Convention . The British Armyâ€ÂTMs centralised and highly structured control and reg…
Revealing Weak‐Form Inefficiency in a Market for State Contingent Claims
This paper examines the degree to which current prices discount historical prices in a market for state contingent claims. Conditional logit analysis is employed to predict winning probabilities, based on market prices in a betting market. These are used, together with various wagering strategies to yield substantial abnormal returns. Consequently, in contrast to the existing literature, the results suggest that the market is not weak form effici…
Toward an explanation of betting as a leisure pursuit
This paper uses an analysis of betting decisions to explore the motivations underlying offcourse horserace betting — a leisure activity which accounted for a turnover of £4.3 billion in the UK in 1989/90. Specifically, four possible motivations are considered: financial gain, intellectual challenge, social interaction and excitement. A testable proposition is developed, linking each motivation to a particular time period in which the bet is place…
Male and female betting behaviour
Costing excitement in leisure betting
The objective of this paper is to explore the effects of excitement on the nature of betting decisions. As such, it addresses an area of inquiry, the relationship between excitement and leisure, which has received only limited attention in the literature. A distinctive feature of the paper is its use of a large and geographically dispersed sample of real betting decisions made in UK betting offices. Two procedures are employed to test the existen…
Decision-Making under Risk
This paper examined the effect of complexity on performance in decision-making under risk employing a database of 1161 randomly sampled betting decisions made during 1987 in offcourse horserace betting offices situated throughout the UK. The setting for the study is characterised by important ecological advantages over laboratory or alternative naturalistic settings. Complexity is defined in terms of both the number of alternatives in the decisio…
A Probit Model for Estimating the Effect of Complexity on Risk Taking
This study was designed to explore the risk strategy employed in complex settings by conducting an empirical analysis of 1212 decisions made in the UK offcourse betting market. The decision-making environment chosen for the study is identified as offering the advantages of a naturalistic setting and providing scope for observing risk strategy in a range of alternative- and attribute-based complexity conditions. Specifically, the investigation emp…
Risk strategy under task complexity
This study complements the existing literature on decision-making processes and outcomes in complex settings by exploring the impact of different types of complexity on risk strategies in a naturalistic setting. The study analyses a large sample of decisions made by individuals in UK offcourse betting markets, a fertile environment for observing both a variety of risk strategies and a range of task complexities. Specifically, the investigation fo…
Unconventional competition – drawing lessons from the military
We explore aspects of unconventional competition between firms. In particular, we address two critical questions. The first is: what happens when firms decide to compete outside the rules and frameworks of conventional competition? In other words, how should firms react to competitors who employ unconventional means of competition that differ from recognised Western ethical and legal norms? Secondly, we examine whether current warfare models prov…
Risk management and its practical application
This study explores, using predominately qualitative data, the risk management approaches of British Army officers in operational theatre. Risks within an operational context are particularly challenging for the British Army to manage due to external constraints such as its adherence to various rules of engagement and international conventions such as the Geneva Convention . The British Armyâ€ÂTMs centralised and highly structured control and reg…
Revealing Weak‐Form Inefficiency in a Market for State Contingent Claims
This paper examines the degree to which current prices discount historical prices in a market for state contingent claims. Conditional logit analysis is employed to predict winning probabilities, based on market prices in a betting market. These are used, together with various wagering strategies to yield substantial abnormal returns. Consequently, in contrast to the existing literature, the results suggest that the market is not weak form effici…
Evidence of Biased Decision-Making in Betting Markets
Betting markets constitute naturalistic decision-making environments, which offer great potential for helping to understand individuals’ decision-making behavior. These markets feature many of the aspects of real-world decision environments. In particular, they are associated with rich, dynamic information sets, offer strong incentives to participants for success, require the commitment of the individual’s own resources, and involve repeated tria…
Differential Effects of Device Modalities and Exposure to Online Reviews on Online Purchasing
We model the effect of online information search across mobile (smartphone and tablet) and nonmobile (personal computer [PC], both desktop and laptop) platforms on frequency of purchasing per online shopping session. Using clickstream data from a multinational retailer, we find that device modality drives purchase frequency, likely due to the differential ease of use of PCs, tablets, and smartphones. In particular, frequency of completed orders i…
Economics (9 works) · Sports Analytics and Performance (8 works) · Computer Science (6 works) · Decision-Making and Behavioral Economics (6 works) · Business (5 works) · Gambling Behavior and Treatments (5 works) · Psychology (5 works) · Consumer Market Behavior and Pricing (4 works) · Microeconomics (4 works) · Actuarial science (3 works)