Suprised by the Parimutuel Odds?

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Bibliographic Details
Published inThe American economic review Vol. 99; no. 5; pp. 2129 - 2134
Main Authors Ottaviani, Marco, Sørensen, Peter Norman
Format Journal Article
LanguageEnglish
Published American Economic Association 01.12.2009
Subjects
Bayes rule
Betting
Economic expectations
Efficient markets
Financial risk
Lotteries
Market equilibrium
Racetracks
Rational expectations theory
Shorter Papers
Thoroughbred racing
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ISSN:0002-8282
1944-7981
DOI:10.1257/aer.99.5.2129