Favorite–longshot bias in pari-mutuel betting: An evolutionary explanation
Author:
Publisher
Elsevier BV
Subject
Organizational Behavior and Human Resource Management,Economics and Econometrics
Reference22 articles.
1. Probability and utility estimates for racetrack bettors;Ali;J. Polit. Econ.,1977
2. Uncertainty, evolution, and economic theory;Alchian;J. Polit. Econ.,1977
3. The design of improved parimutuel-type information aggregation mechanisms: inaccuracies and the longshot bias as disequilibrium phenomena;Axelrod;J. Econ. Behav. Organ.,2009
4. Evolution and market behavior;Blume;J. Econ. Theory,1992
5. Differences of opinions at the racetrack;Blough,1994
Cited by 2 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献
1. Information markets and nonmarkets;Handbook of Industrial Organization;2021
2. Parimutuel betting on the eSports duels: Evidence of the reverse favourite-longshot bias;Journal of Economic Psychology;2020-12
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