The Double-Auction Gambling Market: An Experimental Examination.
I examine a new sports wagering mechanism that utilizes a double auction rather than the traditional wager matching bookmaker. Laboratory experiments were performed that modeled the two institutions in an attempt to compare the efficiency and volatility of the new mechanism versus the status quo. Th...
| Publicado en: | American Journal of Economics & Sociology Vol. 66; no. 3; pp. 493 - 533 |
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| Formato: | Artículo |
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Wiley-Blackwell
July 2007
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| Acceso en línea: | Ver este registro en EBSCOhost |