Koessler, Frédéric; Noussair, Charles; Ziegelmeyer, … - In: Journal of Economic Behavior & Organization 83 (2012) 2, pp. 195-208
This paper studies the impact of belief elicitation on informational efficiency and individual behavior in experimental parimutuel betting markets. In one treatment, groups of eight participants, who possess a private signal about the eventual outcome, play a sequential betting game. The second...