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A Note on the Hayek Hypothesis and the Favorite-Longshot Bias in Parimutuel Betting
3 references·6 citing·32 second hop
A Note on the Hayek Hypothesis and the Favorite-Longshot Bias in Parimutuel Betting (1995)A Note on the Hayek Hypothesis and the Fa…Anomalies: Parimutuel Betting Markets: Racetracks and Lotteries (1988)Anomalies: Parimutuel Betting…MARKETS AS ECONOMIZERS OF INFORMATION: EXPERIMENTAL EXAMINATION OF THE “HAYEK HYPOTHESIS” (1982)MARKETS AS ECONOMIZERS OF INF…On the Impossibility of Informationally Efficient Markets (1980)On the Impossibility of Infor…Efficiency of online football betting markets (2018)Efficiency of online football…The Favorite-Longshot Bias: An Overview of the Main Explanations (2008)The Favorite-Longshot Bias: A…Painful Regret and Elation at the Track (2008)Painful Regret and Elation at…Handbook of Sports and Lottery Markets (2008)Handbook of Sports and Lotter…Market Efficiency in Person‐to‐Person Betting (2006)Market Efficiency in Person‐t…An examination of the empirical derivatives of the favourite-longshot bias in racetrack betting (2003)An examination of the empiric…Regret Theory: An Alternative Theory of Rational Choice Under Uncertainty (1982)Disappointment and Dynamic Consistency in Choice under Uncertainty (1986)Developments in Non-Expected Utility Theory: The Hunt for a Descriptive Theory of Choice under Risk (2000)An Experimental Study of Competitive Market Behavior (1962)MARKET POWER IN ORAL DOUBLE AUCTIONS (1986)The Use of Knowledge in Society (1996)Information Architecture and Electronic Market Performance (2002)Fuzzy Multi-Level Security: An Experiment on Quantified Risk-Adaptive Access Control (2007)The Theory of Political Economy (2013)Prices of State Contingent Claims with Insider Traders, and the Favourite-Longshot Bias (1992)Measuring the Incidence of Insider Trading in a Market for State-Contingent Claims (1993)The Economics of Wagering Markets (1998)How Efficient is the European Football Betting Market? Evidence from Arbitrage and Trading Strategies (2007)Prediction accuracy of different market structures — bookmakers versus a betting exchange (2010)Prospect Theory: An Analysis of Decision under Risk (1979)Choices, values, and frames. (1984)Prospect theory: An analysis of decision under risk (1988)Why are Gambling Markets Organised so Differently from Financial Markets? (2004)Personality Psychology and Economics (2011)Choices, Values, and Frames (2013)American Economic Review (2019)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Information Effects on the Bid-Ask Spread (1983)Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)The Probability Weighting Function (1998)Extremeness Aversion Bias and Learning Behavior: Evidence from the Sports Betting Market (2012)How Markets Shape Prices for Skewed Assets: Price Reversal in Multi-Assets Experimental Markets (2023)PROBABILITY WEIGHTING FUNCTION (2005)Noise Trader Risk in Financial Markets (1990)Efficient Capital Markets: II (1991)Investor Psychology and Security Market Under‐ and Overreactions (1998)
this work references cited by second hop

References

  • 1980On the Impossibility of Informationally Efficient Markets5,122 cited
  • 1988Anomalies: Parimutuel Betting Markets: Racetracks and Lotteries621 cited
  • 1982MARKETS AS ECONOMIZERS OF INFORMATION: EXPERIMENTAL EXAMINATION OF THE “HAYEK HYPOTHESIS”250 cited

Cited by

  • 2006Market Efficiency in Person‐to‐Person Betting98 cited
  • 2008The Favorite-Longshot Bias: An Overview of the Main Explanations94 cited
  • 2008Handbook of Sports and Lottery Markets79 cited
  • 2018Efficiency of online football betting markets77 cited
  • 2003An examination of the empirical derivatives of the favourite-longshot bias in racetrack betting74 cited
  • 2008Painful Regret and Elation at the Track1 cited

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