Dr Bill Woodland

Professor of Economics

Dr. Woodland came to EMU in 1981. He holds a Ph.D. from Purdue University. His major areas of academic interest are Microeconomics, Quantitative Methods, and Risk and Uncertainty. He regularly teaches Statistics and Managerial Economic. He also teaches the microeconomics half of the Principles of Economics sequence. Dr. Woodland is very interested in the area of decision making under risk and uncertainty and its application to the analysis of the efficiency of gambling markets.

His publications include:  "Testing Contrarian Strategies in the National Football League," Journal of Sports Economics, May 2000, with L. Woodland; "Market Efficiency and Profitable Wagering in the National Hockey League: Can Bettors Save on Longshots?:  Southern Economic Journal, April 2001, with L. Woodland; "Efficiency in Gambling Markets Involving Spread:  A Corrected and Simplified Test," Applied Economics Letters, April 1997, with L. Woodland; "Market Efficiency and the Favorite Longshot Bias:  The Baseball Betting Market," Journal of Finance, March 1994, with L. Woodland; "The Effects of Risk Aversion on Wagering:  Point Spread vs. Odds," Journal of Political Economy, June 1991, with L. Woodland; "Optimal Regulatory Policies with Auditing," Journal of Economics, 1985.