Nottingham University Business School
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Professor David Paton

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BSc (London), MA (Warwick), PhD (London)
Professor of Industrial Economics

Division: Industrial Economics and Finance
Tel: +44 (0) 115 8466601
Location: C31 (North Building, Jubilee Campus)

David Paton is Professor of Industrial Economics and Head of the Industrial Economics and Finance Division in the School. He completed his PhD at University College London in 1997 and has published widely in journals such as Economic Journal, Economica, Journal of Health Economics, Public Choice, Social Science & Medicine, Small Business Economics and the Journal of Economic Behavior and Organisation. His research interests include the economics of gambling, teenage pregnancy and cricket. He has acted as an adviser to several Government departments including HM Revenue and Customs, DCMS and the DTI.

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

Administrative Roles
Division Head (Industrial Economics and Finance)
Load Model Group Chair
I am module convenor of the following modules:


Quantitative Methods 2A

External Exminerships & Validations
2009 - 2013    External Examiner, MSc Economics Programmes, Bath University
Current Research Activities
David's 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.

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
The following lists my publications from 2005 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), pp. 1-8, DOI: 10.1002/hrm.21700.

Girma, S.; Paton, D.(2015)., "Is education the best contraception: the case of teenage pregnancy in England", Social Science and Medicine, Vol.131, pp. 1-9, DOI:10.1016/j.socscimed.2015.02.040.

Paton, D.; Jones, D.(2015)., "How does legalization of assisted suicide affect rates of suicide?", Southern Medical Journal, Vol.108 (10), pp. 599-604.

Paton, D.; Vaughan Williams, L.(2015)., "Forecasting the Outcome of Closed-Door Decisions: evidence from 500 years of betting on papal conclaves", Journal of Forecasting, Vol.34, pp. 391-404, DOI: 10.1002/for.2339.

Sacheti, A.; Gregory Smith, I.; Paton, D.(2015)., "An economic analysis of attendance demand for One Day International cricket", Economic Record, forthcoming 2015.

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.

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), Vol.178 (3), pp. 741-55.

Girma, S.; Paton, D.(2013)., "Does parental consent for birth control affect underage pregnancy rates? The case of Texas", Demography, Vol.50, pp. 2287-2296, 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)., "Exploring the evidence on strategies to reduce teenage pregnancy rates", Nursing Times, Vol.105(42, 22nd Oct), pp. 22-25.

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

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.

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.


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.

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.



Nottingham University Business School

Jubilee Campus

telephone: +44 (0) 115 846 6602
fax: +44 (0) 115 846 6667