Decision-making in betting markets

Significance

Volumn 1, Issue 3, 2004, Pages 109-112

  Vaughan Williams, Leighton ^a  

^a NOTTINGHAM TRENT UNIVERSITY   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 20444465551     PISSN: 17409705     EISSN: 17409713     Source Type: Journal    
DOI: 10.1111/j.1740-9713.2004.00041.x     Document Type: Article

References (9)

1. Griffith, R. M. (1949) Odds adjustment by American horse-race bettors. American Journal of Psychology, 62, 290-294.
2. Vaughan Williams, L. and Paton, D. (1997) Why is there a favourite-longshot bias in British racetrack betting markets? Economic Journal, 107, 150-158.DOI: 10.1111/1468-0297.00147
3. Busche, K. (1994) Efficient market results in an Asian setting. In Efficiency of Racetrack Betting Markets (eds D. B. Hausch, S. Y. Lo and W. T. Zeimba ), pp. 615-616. London: Academic Press.
4. Busche, K. and Hall, C. (1988) An exception to the risk preference anomaly. Journal of Business, 61, 337-346.
5. Woodland, L. and Woodland, B. (1994) Market efficiency and the favourite-longshot bias: the baseball betting market. Journal of Finance, 49, 269-279.
6. Cain, M., Law, D. and Peel, D. (2000) The favourite-longshot bias and market efficiency in UK football betting. Scottish Journal of Political Economy, 47, 25-36.
7. Vaughan Williams, L. (2000) Markets and information efficiency: evidence from the UK. In Global Business and Economics Review-Anthology 2000, pp. 24-29.
8. Paton, D. and Vaughan Williams, L. (2004) Forecasting outcomes in spread betting markets: can bettors use 'Quarbs' to beat the book? Journal of Forecasting, to be published.
9. Paton, D. and Vaughan Williams, L. (1998) Do betting costs explain betting biases? Applied Economics Letters, May, 333-335.