Koessler, Frederic; Noussair, Charles; Ziegelmeyer, Anthony - Wirtschaftswissenschaftliche Fakultät, … - 2007
We study sequential parimutuel betting markets with asymmetrically informed bettors, using an experimental approach. In one treatment, groups of eight participants play twenty repetitions of a sequential betting game. The second treatment is identical, except that bettors are observed by other...