On the efficiency of racetrack betting market : a new test for the favourite-longshot bias
Year of publication: |
2019
|
---|---|
Authors: | Jeong, Jinook ; Kim, Jee Young ; Ro, Yoon Jae |
Published in: |
Applied economics. - New York, NY : Routledge, ISSN 1466-4283, ZDB-ID 1473581-7. - Vol. 51.2019, 54, p. 5817-5828
|
Subject: | favourite-longshot bias | Market efficiency test | probit regression | racetrack betting | Glücksspiel | Gambling | Pferdesport | Equestrian sports | Effizienzmarkthypothese | Efficient market hypothesis | Systematischer Fehler | Bias | Schätztheorie | Estimation theory |
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