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Nottingham University Business School
   
   

Professor David Paton

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BSc (London) (1988), MA (Warwick) (1990), PhD (London) (1997)
Professor of Industrial Economics
E-mail: David.Paton@nottingham.ac.uk
Tel: +44 (0) 115 8466601
Location: C31 (North Building, Jubilee Campus)


Welcome to my Nottingham University Business School web pages. Please select from the menu for more information on my research and teaching activities.

Research Interests
Economics of gambling markets; betting; economics of teenage pregnancy; economics of cricket.

Administrative Roles
Division Head (Industrial Economics and Finance)
Deputy Division Head (Industrial Economics)
Load Model Group Chair

Memberships, Directorships, Fellowships & Awards
2009 - Ongoing    Co-Chair of Network of Industrial Economists
2014 - Ongoing    Fellow of the Royal Statistical Society
2000 - Ongoing    Member, Royal Economic Society
2003 - Ongoing    Member of the editorial board for "Economic Issues".
2006 - Ongoing    Editorial board for Journal of Gambling Business and Business.
2014 - 2014    Witness for Oral Evidence Session of House of Commons Education Committee Inquiry into PSHE/SRE.
2006 - 2012    Editorial board for Journal of Prediction Markets.
2010 - 2010    Guest editor, special issue of Southern Economic Journal.
2009 - 2010    Guest Editor for Special Issue of Southern Economic Journal on Gambling Markets and Public Policy
2008 - 2009    Guest editor of Special issue of Economica on The Gambling and Prediction Markets.
2007 - 2007    Editorial board for International Gambling Studies.
The following lists my publications from 1996 to the present day.

Journal Articles

Desai, M.N.; Lockett, A.; Paton, D.(2015)., "The effects of leader succession and prior leader experience on post-succession organizational performance", Human Resource Management (USA), forthcoming 2015.

Sacheti, A.; Gregory-Smith, I.; Paton, D.(2014)., "Home Bias in officiating: evidence from inernational cricket", Journal of the Royal Statistical Society Series A (Statistics in Society), forthcoming 2014.

Sacheti, A.; Gregory-Smith, I.; Paton, D.(2014)., "Uncertainty of outcome or strengths of teams: An economic analysis of attendance demand for international cricket", Applied Economics, Vol.46 (17), pp. 2034-46.

Sacheti, A.; Gregory-Smith, I.; Paton, D.(2014)., "Managerial decision making under uncertainty: the case of Twenty20 cricket", Journal of Sports Economics.

Girma, S.; Paton, D.(2013)., "Does parental consent for birth control affect underage pregnancy rates? The case of Texas", Demography, DOI:10.1007/513524-02251-1.

Paton, D.; Vaughan Williams, L.(2013)., "Do new gambling products displace old?: Evidence from a postcode analysis", Regional Studies, Vol.47 (6), pp. 963-973, doi:1080/00343404.2011.S99798.

Paton, D.(2012)., "Underage conceptions and abortions in England and Wales 1969-2009: the role of public policy", Education and Health, Vol.30 (2), pp. 22-24.

Girma, S.; Paton, D.(2011)., "The impact of emergency birth control on teen pregnancy and STIs", Journal of Health Economics, Vol.30 (2) March, pp. 373-380.

Siegel, D.; Williams, L.V.; Paton, D.(2010)., "Gambling, Prediction Markets and Public Policy", Southern Economic Journal, Vol.74 (4, April), pp. 878-883.

Siegel, D.; Williams, L.V.; Paton, D.(2010)., "Productivity Measurement in Gambling: Plant-level evidence from the United Kingdom", Southern Economic Journal, Vol.76 (4 April), pp. 953-75.

Elsayed, K.; Paton, D.(2009)., "The Impact of Financial Performance on Environmental Policy: Does Firm Lifecycle Matter?", Business Strategy and the Environment, Vol.18(6), pp. 397-413.

Fenn, P.; Paton, D.; Vaughan Williams, L.(2009)., "Productivity Growth and Funding of Public Service Broadcasting", Public Choice, Vol.141 (3-4), pp. 335-349.

Hasseldine, J.; Graham, S.; Paton, D.(2009)., "Statistical fraud detection in a commercial lobster fishery", New Zealand Journal of Marine and Freshwater Research, Vol.43, pp. 457-463.

Paton, D.(2009)., "Does access to contraception raise teenage pregnancy rates?", Nursing Times, Vol.March.

Paton, D.(2009)., "Exploring the evidence on strategies to reduce teenage pregnancy rates", Nursing Times, Vol.105(42, 22nd Oct), pp. 22-25.

Paton, D.; Dawson, P.; Morley, B.; Thomas, D.(2009)., "To Bat or Not to Bat: An Examination of Match Outcomes in Day-Night Limited Overs Cricket", Journal of the Operational Research Society, Vol.60 (12 Dec), pp. 1786-1793.

Paton, D.; Siegel, D.; Vaughan Williams, L.(2009)., "The Growth of Gambling and Prediction Markets: economic and financial implications", Economica, Vol.76 (302, April), pp.219-224.

Paton, D.; Smith, M.; Vaughan Williams, L.(2009)., "Do bookmakers possess superior skills to bettors in predicting outcomes?", Journal of Economic Behavior and Organization, Vol.71 (2), pp. 539-549.

Lockett, A.; Wright, M.; Burrows, A.; Scholes, L.; Paton, D.(2008)., "The export intensity of venture capital backed companies", Small Business Economics, Vol.31, pp.39-58.

Paton, D.(2008)., "Advertising as an Entry Deterrent: Evidence from UK Firms", International Journal of the Economics of Business, Vol.15(1), pp.63-83.

Paton, D.; Kahane, L.; Simmons, R.(2008)., "The Abortion and Crime Link Evidence from England and Wales", Economica, Vol.75(297, Feb), pp.1-21.

Paton, D.; Harrison, B.(2007)., "Do Fat Tails Matter in GARCH Estimation? Testing Market Efficiency in Two Transition Economies", Economic Issues, Vol.12(2, Sept), pp.15-26.

Girma, S.; Paton, D.(2006)., "Matching estimates of the impact of over-the-counter emergency birth control on teenage pregnancy", Health Economics, Vol.15 (10), pp. 1021-1032.

Paton, D.; Smith, M.; Vaughan Williams, L.(2006)., "Market Efficiency in Person-to-Person Betting", Economica, Vol.73 (292), pp. 673-689.

Harrison, B.; Paton, D.(2005)., "Transition, the Evolution of Stock Market Efficiency and Entry into EU: The Case of Romania", Economics of Planning, Vol.37 (3-4), pp.203-223.

Paton, D.(2005)., "The Parallel Worlds of Economics and Cricket", Royal Economic Society Newsletter, Vol.131 (October), pp. 5-7.

Paton, D.; Cooke, A.(2005)., "The Demand for County Cricket: An Economic Analysis", Journal of Sports Economics, Vol.6 (1), pp.24-45.

Paton, D.; Elsayed, K.(2005)., "The Impact of Environmental Performance on Firm Performance: Static and Dynamic Panel Data Evidence", Structural Change and Economic Dynamics, Vol.16 (3), pp.395-412.

Paton, D.; Link, A.; Siegel, D.(2005)., "An Econometric Analysis of Trends in Research Joint Venture Activity", Managerial and Decision Economics, Vol.26 (2), pp.149-158.

Paton, D.; Siegel, D.(2005)., "The Economics of Corporate Social Responsibility: An Overview of the Special Issue", Structural Change and Economic Dynamics, Vol.16 (3), pp.309-312.

Paton, D.; Vaughan Williams, L.(2005)., "Forecasting Outcomes in Spread Betting Markets: Can Bettors Use 'Quarbs' to Beat the Book?", Journal of Forecasting, Vol.24 (2), pp.139-154.

Paton, D.; Siegel, D.; Vaughan Williams, L.(2004)., "Taxation and the Demand for Gambling: New Evidence from the United Kingdom", National Tax Journal, Vol.57 (4), pp.847-861.

Paton, D.; Fraser, S.(2003)., "Does Advertising Increase Labour Supply? Time Series Evidence from the UK", Applied Economics, Vol.35, pp.1357-1368.

Paton, D.(2002)., "Advertising, Quality and Sales", Applied Economics, Vol.34 (4), pp.431-438.

Paton, D.(2002)., "The Economics of Family Planning and Underage Conceptions", Journal of Health Economics, Vol.21 (2), pp.27-45.

Paton, D.; Conant, N.(2002)., "Internet Advertising by UK Firms", Journal of Strategic Marketing, Vol.10, pp.115-133.

Paton, D.; Galt, I.; Ibrahim, G.(2002)., "Have Lower Real Wages Helped Industrial Restructuring in Romania?", Journal of Development Studies, Vol.39 (1), pp.165-180.

Paton, D.; Link, A.; Siegel, D.(2002)., "Strategic Research Partnerships in the United States: econometric evidence from research joint venture activity", Research Policy, Vol.31 (8-9), pp.1459-1466.

Paton, D.; Siegel, D.; Vaughan Williams, L.(2002)., "A Policy Response to the E-Commerce Revolution: The Case of Betting Taxation in the UK", Economic Journal, Vol.112 (480), pp.296-314.

Paton, D.; Vaughan Williams, L.(2002)., "Identifying Irregularities in a Financial Market", Applied Financial Economics, Vol.12 (9), pp.633-637.

Paton, D.; Chapple, W.; Cooke, A.; Galt, V.(2001)., "The Characteristics and Attributes of UK Firms Obtaining Accreditation to ISO 14001", Business Strategy and the Environment, Vol.10, pp.238-244.

Paton, D.; Chapple, W.; Cooke, A.; Galt, V.(2001)., "The Determinants of Voluntary Investment Decisions", Managerial and Decision Economics, Vol.22 (8), pp.453-463.

Paton, D.; Conant, N.(2001)., "Notes of the Journal of Industrial Economics Website: An Introduction to the 1999 Advertising and Industry Survey", Journal of Industrial Economics, Vol.49 (1), pp.111-112.

Paton, D.; Heasell, S.(2001)., "Economics and Euthanasia", Health Services Management Research, Vol.14, pp.62-63.

Paton, D.; Siegel, D.; Vaughan Williams, L.(2001)., "Gambling Taxation: A Comment", Australian Economic Review, Vol.34 (4), pp.437-440.

Paton, D.; Vaughan Williams, L.(2001)., "Monopoly Rents and Price Fixing in Betting Markets", Review of Industrial Organization, Vol.19 (3), pp.265-278.

Paton, D.; Vaughan Williams, L.; Fraser, S.(1999)., "Regulating insider trading in betting markets", Bulletin of Economic Research, Vol.51 (3), pp.237-241.

Paton, D.; Vaughan Williams, L.(1998)., "Why are some favourite-longshot biases positive and others negative?", Applied Economics, Vol.30, pp.1505-1510.

Paton, D.(1997)., "Who advertises prices? A firm level study based on survey data.", International Journal of the Economics of Business, Vol.30, 5, pp.57-75.

Paton, D.; Vaughan Williams, L.(1997)., "Does information efficiency require a perception of information inefficiency?", Applied Economics Letters, Vol.4, pp.615-617.

Paton, D.; Vaughan Williams, L.(1997)., "Why is there a favourite-longshot bias in British racetrack betting markets?", Economic Journal, Vol.107 (440), pp.150-158.

Paton, D.(1996)., "Population, Environment and Choice", Review of International Political Economy, Vol.3, 2, pp.349-64.

Paton, D.(1996)., "Transaction Costs, The Firm and Industrial Policy", International Review of Applied Economics, Vol.10, 3, pp.473-6.



Chapters in Books

Paton, D.; Vaughan Williams, L.(2012)., "The Taxation of Gambling Machines: a theoretical perspective", in Vaughan Williams L and D Siegel (ed) The Handbook of the Economics of Gambling, Oxford University Press.

Paton, D.(2011)., "Teenage Pregnancy, STIs and Abstinence Strategies", in Helen Watt (ed) Fertility and Gender: issues in reproductive and sexual ethics, (6), pp. 99-109, Oxford: Anscombe Bioethics Centre.

Paton, D.; Cooke, A.(2011)., "The changing demands on leisure time: the emergence of twenty 20 cricket", in Cameron, S (ed) Handbook of The Economics of Leisure, (18), pp. 602-39, London: Edward Elgar.

Paton, D.; Smith, M.; Vaughan Williams, L.(2005)., "An Assessment of Quasi-Arbitrage Opportunities in Two Fixed Odds Horse Race Betting Markets", in Vaughan Williams, L. (ed) Information Efficiency in Financial and Betting Markets, pp.159-171, Cambridge, Cambridge University Press.

Paton, D.; Vaughan Williams, L.; Siegel, D.(2003)., "The Demand for Gambling: A Review", in Vaughan Williams, L (ed) The Economics of Gambling, Chapter 18, pp.247-263, London, Routledge.

Paton, D.; Vaughan Williams, L.(2001)., "Risk Return and Adverse Selection", in Bagella M, Baldassarri M, Pagnetto L (ed) Financial Markets: Imperfect Information and Risk Management, pp.63-81, New York, Palgrave.

Paton, D.; Chapple, W.; Cooke, A.; Galt, V.(2000)., "Voluntary Investment in Environmental Standards in the UK Manufacturing Sector", in Business and Economics Association 2000 (ed) Global Business and Economics Review Anthology 2000, pp.371-379, Los Angeles.



Conferences

Desai, M.N.; Lockett, A.; Paton, D., 2013, "Asymmetric information and the dismissal of newly appointed leaders", at at the Academy of Management Annual Meeting, Orlando, Florida, USA.

Desai, M.N.; Lockett, A.; Paton, D., 2013, "The effects of asymmetric informaton on new leader tenure", at at the Strategic Management Society Annual Meeting, Atlanta, Georgia, USA.

Sacheti, A.; Gregory-Smith, I.; Paton, D., 2012, "Decision making under uncertainty: the case of T20 cricket", at Royal Economic Society Conference, April..

Paton, D.; Vaughan Williams, L., 2011, "Using a postcode analysis to examine the economic impact of new gambling machines", at International Conference on Gambling Studies, April 2011.

Hasseldine, J.; Mayassin, Z.; Paton, D., 2010, "An Analysis of Tax Non-Compliance of Small & Medium Sized Corporations in Malaysia", at 9th Tax Admin Conference, Sydney 2010.

Elsayed, K.; Paton, D., 2004, "Does Endogeneity Matter in the Relationship between Environmental Performance and Financial Performance", at Corporate Social Responsibility Management Conference, University of Nottingham, June.

Lockett, A.; Wright, M.; Scholes, L.; Burrows, A.; Paton, D., 2004, "When Do Venture Capitalists Make a Difference? The Export Intensity of Venture Capital Backed Companies", at Babson Kauffman Foundation Entrepreneurship Research Conference, Glasgow, June.

Paton, D., 2004, "Advertising as an Entry Deterrent: Evidence from UK Firms", at European Association for Research in Industrial Economics Conference, September.

Paton, D., 2004, "Does Pharmacy Provision of Emergency Birth Control Reduce Teenage Pregnancy? An Analysis of Quarterly Data from England", at British Society for Population Studies Annual Conference, Leicester, September.

Paton, D., 2004, "Random Behaviour or Rational Choice? Family Planning, Teenage Pregnancy and STIs", at Royal Economic Society Conference, April, Swansea.

Smith, M.; Paton, D.; Williams, L.V., 2004, "Market Efficiency in New Gaming Markets: The Case of Person-to-Person Betting in the UK", at Western Economic Association Annual Conference, June, Vancouver.

Elsayed, K.; Paton, D., 2003, "The Relationship between Firm Environmental Performance and Financial Performance: Static and Dynamic Panel Data Evidence", at Special Issue Conference on Corporate Social Responsibility, Rensselaer Polytechnic Institute, November.

Elsayed, K.; Paton, D., 2003, "Corporate Environmental Performance: Does Firm Life Cycle Matter?", at Business Strategy and the Environment Conference, University of Leicester, September.

Elsayed, K.; Paton, D., 2003, "Corporate Environmental Performance: Does Firm Life Cycle Matter?", at Conference on Corporate Social Responsibility, London Metropolitan University. 3-5 September 2003.

Paton, D., 2003, "Teenage Conceptions, STI's and Family Planning: Evidence from England, 1998-2001", at British Society for Population Studies Conference, September, Bristol.

Paton, D.; Siegel, D.; Williams, L.V., 2003, "Measuring the Productivity of Gambling Establishments: Theory and Plant Level Evidence", at Research of Income and Wealth and International Conference on Index Number Theory and the Measurement of Prices and Productivity, June, Vancouver.

Paton, D., 2002, "Spread Betting, Quarbs and Market Efficiency", at Royal Economic Society Conference, Warwick, April.

Paton, D.; Siegel, D.; Vaughan Williams, L., 2001, "A Time Series Analysis of the Demand for Gambling", at 11th ICAEW - Sponsored Tax Research Network Conference, Nottingham University Business School, September.

Paton, D.; Vaughan Williams, L., 2001, "Betting the Book: 'Quarbs' and Market Efficiency in Index Investment and Risk", at 3rd International Conference of Money Investment and Risk, Nottingham, November.

Chapple, W.; Cooke, A.; Galt, V.; Paton, D., 2000, "Eco-Efficiency Through The Looking Glass", at International Sustainable Development Research Conference 2000.

Chapple, W.; Cooke, A.; Galt, V.; Paton, D., 2000, "The UK Manufacturing Sector and The Uptake of ISO 14001", at Eco-Management and Auditing Conference.

Chapple, W.; Cooke, A.; Galt, V.; Paton, D., 2000, "Voluntary Investment in Environmental Standards in the UK Manufacturing Sector", at Business & Economics Society International Conference.

Chapple, W.; Cooke, A.; Galt, V.; Paton, D., 1999, "Voluntary Environmental Investment", at International Conference on Money Investment and Risk.

Chapple, W.; Cooke, A.; Galt, V.; Paton, D., 1999, "The Characteristics and Attributes of UK Firms Obtaining Accreditation to ISO 14001", at Eco-Management and Auditing Conference.

Paton, D.; Fraser, S., 1999, "The Impact of Advertising on the Demand for Leisure", at European Association for Research in Industrial Economics Conference, Turin, September.



Discussion Papers

Paton, D.; Vaughan Williams, L., 2007, "Broadcasting Productivity Growth in the UK", Occasional Papers 20, Industrial Economics Division.

Paton, D.; Zavodny, M., 2006, "Teenage Pregnancy Risk: the impact of parental involvement for contraception", Nottingham University Business School Discussion Paper, Nottingham University Business School.

Girma, S.; Paton, D., 2005, "Matching Estimates of the Impact of Over-the-Counter Emergency Birth Control on Teenage Pregnancy", Nottingham University Business School Discussion Paper, Nottingham University Business School.

Kahane, L.; Paton, D.; Simmons, R., 2005, "The Abortion-Crime Link: Evidence from England and Wales", Nottingham University Business School Discussion Paper, Nottingham University Business School.

Paton, D., 2003, "Can Rational Choice Models Explain the Relationship between Family Planning, Teenage Pregnancy and STIs?", Nottingham University Business School Discussion Paper, Nottingham University Business School.

Paton, D.; Siegel, D.; Vaughan Williams, L., 2002, "The Impact of Taxation on the Demand for Gambling", Nottingham University Business School Discussion Paper, Nottingham University Business School.

Paton, D.; Conant, N., 2001, "The Determinants of Internet Advertising: Evidence from UK Firms", Nottingham University Business School Discussion Paper, Nottingham University Business School.

Paton, D.; Siegel, D.; Williams, L.V., 2001, "A Time Series Analysis of the Demand for Gambling in the United Kingdom", Nottingham University Business School Discussion Paper, Nottingham University Business School.

Paton, D.; Vaughan Williams, L.; Siegel, D., 2001, "A Policy Response to the E-Commerce Revolution: The Case of Betting Taxation", Nottingham University Business School Discussion Paper, Nottingham University Business School.

Fraser, S.; Paton, D., 2000, "Does advertising increase labour supply? Time series evidence from the UK", Nottingham University Business School Discussion Paper, Nottingham University Business School.

Paton, D., 2000, "Family planning and the risk of teenage pregnancy", Nottingham University Business School Discussion Paper, Nottingham University Business School.

Current Research Activities
My research covers a range of topics, including the taxation gambling, market efficiency in gambling, productivity in service industries, an economic analysis of teenage pregnancy, economics of county cricket and advertising. More details of my research and a full list of publications can be found on my home page.

International Collaborations, Organisation & Contributions
2011 - 2012    Network of Industrial Economists PhD Colloquia, Organising Committee
2010 - 2010    Invited keynote speech to Linacre Centre for Health Care Ethics Conference on Fertility, Infertility and Gender, Maynooth, Ireland
2007 - 2010    Royal Economic Society Conference Programme Committee
I am module convenor of the following modules:


Undergraduate

Quantitative Methods 2A

External Exminerships & Validations
2009 - 2013    External Examiner, MSc Economics Programmes, Bath University

Nottingham University Business School

Jubilee Campus
Nottingham
NG8 1BB

telephone: +44 (0) 115 84 66602
fax: +44 (0) 115 84 66667
email: business-enquiries@nottingham.ac.uk