Showing 1 - 10 of 23
Persistent link: https://www.econbiz.de/10011844754
Persistent link: https://www.econbiz.de/10011925209
Persistent link: https://www.econbiz.de/10011850064
Persistent link: https://www.econbiz.de/10011802209
Persistent link: https://www.econbiz.de/10011471142
Persistent link: https://www.econbiz.de/10011414201
Persistent link: https://www.econbiz.de/10012267060
Persistent link: https://www.econbiz.de/10012197065
We examine 330,857 trades of prediction market contracts, the values of which are based on against-the-spread outcomes of NFL games, and find the presence of a significant reverse favourite-longshot bias. Surprisingly, the timing of this bias is identical to that observed in traditional...
Persistent link: https://www.econbiz.de/10010850155
In this paper we examine the price movements of contracts that represent bets on NBA games and find that the disposition effect causes significant deviations between contract prices and values. The contracts under examination are listed on Tradesports, a prediction market which provides an ideal...
Persistent link: https://www.econbiz.de/10010949848