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...

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Detalles Bibliográficos
Publicado en:Economic Inquiry Vol. 63; no. 1; pp. 236 - 265
Autores principales: Fischer, Kai, Schmal, W. Benedikt
Formato: Artículo
Publicado: Wiley-Blackwell Jan2025
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Acceso en línea:Ver este registro en EBSCOhost