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Inferring Risk Preferences Using Synthetic Win Bets in Horse Betting “Exotic” Markets
16 references·0 citing·50 second hop
Inferring Risk Preferences Using Synthetic Win Bets in Horse Betting “Exotic” Markets (2013)Inferring Risk Preferences Using Syntheti…Putting Risk in Its Proper Place (2006)Putting Risk in Its Proper Pl…Stocks as Lotteries: the Implications of Probability Weighting for Security Prices (2005)Stocks as Lotteries: the Impl…Utility and the Skewness of Return in Gambling (2004)Utility and the Skewness of R…New light on the longshot bias (2004)New light on the longshot biasThe Favourite‐Longshot Bias, Bookmaker Margins and Insider Trading in a Variety of Betting Markets (2003)The Favourite‐Longshot Bias, …Conditional Skewness in Asset Pricing Tests (2000)Conditional Skewness in Asset…The empirical nature of Taylor-Series approximations to expected utility (1994)The empirical nature of Taylo…The Cross-Section of Expected Stock Returns (1992)The Cross-Section of Expected…Anomalies: Parimutuel Betting Markets: Racetracks and Lotteries (1988)Anomalies: Parimutuel Betting…Efficiency and Profitability in Exotic Bets (1987)Efficiency and Profitability …The equity premium: A puzzle (1985)The equity premium: A puzzleMarket Efficiency in Racetrack Betting (1984)Market Efficiency in Racetrac…The Recovery of Risk Preferences from Actual Choices (1983)The Recovery of Risk Preferen…HORSE RACING: TESTING THE EFFICIENT MARKETS MODEL (1978)HORSE RACING: TESTING THE EFF…Probability and Utility Estimates for Racetrack Bettors (1977)Probability and Utility Estim…Assigning Probabilities to the Outcomes of Multi-Entry Competitions (1973)Assigning Probabilities to th…Approximating Expected Utility by a Function of Mean and Variance (1979)Mean-Variance Versus Direct Utility Maximization (1984)Mean-Modified Value-at-Risk Optimization with Hedge Funds (2002)Optimal Portfolio Allocation under Higher Moments (2006)Shared Capitalism at Work (2010)Utility Analysis and Group Behavior: An Empirical Study (1965)Subjective Information and Market Efficiency in a Betting Market (1979)Racetrack betting and informed behavior (1982)An examination of the empirical derivatives of the favourite-longshot bias in racetrack betting (2003)Why are Gambling Markets Organized so Differently from Financial Markets (2004)Entertainment Industry Economics (2020)Prospect Theory: An Analysis of Decision under Risk (1979)Prospect theory: An analysis of decision under risk (1988)Advances in prospect theory: Cumulative representation of uncertainty (1992)High Idiosyncratic Volatility and Low Returns: International and Further U.S. Evidence (2008)The Idiosyncratic Volatility Puzzle: Time Trend or Speculative Episodes? (2009)Speculative Retail Trading and Asset Prices (2011)Choices, values, and frames. (1984)Why are Gambling Markets Organised so Differently from Financial Markets? (2004)Personality Psychology and Economics (2011)The Utility Analysis of Choices Involving Risk (1948)Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small and in the Large (1976)A Good Sign for Multivariate Risk Taking (2007)Higher Order Risk Attitudes, Demographics, and Financial Decisions (2013)Are Risk Preferences Stable? (2018)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)On Persistence in Mutual Fund Performance (1997)The Cross‐Section of Volatility and Expected Returns (2006)Introductory Econometrics for Finance (2008)… and the Cross-Section of Expected Returns (2015)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION (1977)Market Efficiency and the Favorite-Longshot Bias: The Baseball Betting Market (1994)Information and efficiency: an empirical study of a fixed odds betting market (2000)Sympathetic Magical Thinking: The Contagion and Similarity “Heuristics” (2002)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)Risk, Return, and Equilibrium: Empirical Tests (1973)Common risk factors in the returns on stocks and bonds (1993)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Illiquidity and stock returns: cross-section and time-series effects (2002)An Intertemporal Capital Asset Pricing Model (1973)Asset Prices in an Exchange Economy (1978)Time to Build and Aggregate Fluctuations (1982)Noise Trader Risk in Financial Markets (1990)Efficient Capital Markets: II (1991)ARCH modeling in finance (1992)Bettors Love Skewness, Not Risk, at the Horse Track (1998)The Economics of Wagering Markets (1998)
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References

  • 1992The Cross-Section of Expected Stock Returns17,251 cited
  • 1985The equity premium: A puzzle5,785 cited
  • 2000Conditional Skewness in Asset Pricing Tests2,837 cited
  • 1988Anomalies: Parimutuel Betting Markets: Racetracks and Lotteries621 cited
  • 2006Putting Risk in Its Proper Place551 cited
  • 2005Stocks as Lotteries: the Implications of Probability Weighting for Security Prices513 cited
  • 1977Probability and Utility Estimates for Racetrack Bettors390 cited
  • 1978HORSE RACING: TESTING THE EFFICIENT MARKETS MODEL237 cited
  • 1994The empirical nature of Taylor-Series approximations to expected utility126 cited
  • 1984Market Efficiency in Racetrack Betting119 cited
  • 1987Efficiency and Profitability in Exotic Bets95 cited
  • 1973Assigning Probabilities to the Outcomes of Multi-Entry Competitions89 cited
  • 1983The Recovery of Risk Preferences from Actual Choices78 cited
  • 2003The Favourite‐Longshot Bias, Bookmaker Margins and Insider Trading in a Variety of Betting Markets75 cited
  • 2004New light on the longshot bias61 cited
  • 2004Utility and the Skewness of Return in Gambling

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