Pricing in response to new information: The case of betting markets.
Markets are information aggregators. But how do they incorporate new data into their pricing? We examine the response of prediction markets to a novel information shock in a quasi‐natural experiment: How did the absence announcements of elite soccer players influence the betting odds of affected mat...
| Published in: | Economic Inquiry Vol. 63; no. 1; pp. 236 - 265 |
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| Main Authors: | , |
| Format: | Article |
| Published: |
Wiley-Blackwell
Jan2025
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |