The Growth of Gambling and Prediction Markets

Economic and Financial Implications

Datos Bibliográficos

ID9727076
AutoresDouglas Paton (0000-0002-7486-9353, University of Nottingham), David Paton (0000-0003-1585-3076), Donald S Siegel (0000-0002-7668-9751, University at Albany, State University of New York), Leighton Vaughan Williams (0000-0002-9639-9217)
Año2009
Volumen76
Número302
Páginas219-224
Fecha de publicación2009-04-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaEconomica (JOURNAL)
Identificadores de la revistaISSN: 0013-0427 • E-ISSN: 1468-0335
EditorialWiley (PUBLISHER • GB)
DOI10.1111/j.1468-0335.2008.00753.x
OpenAlexW1965647302
IdiomaEN
Citas recibidas2
Referencias citadas16

In recent years, there has been a substantial global increase in gambling and prediction markets, including casinos, sports betting, lotteries, elections and wagering on financial instruments. This trend has heightened interest in numerous economic and financial issues related to this sector. These include questions relating to the efficiency of these markets, heterogeneity in risk attitudes among economic agents, and the use of prediction markets in policy analysis. The papers in this special issue provide a mix of theoretical and empirical evidence on these issues

Economics · Empirical evidence · Financial economics · Financial market · Public economics · Finance · Financial Markets and Investment Strategies · Gambling Behavior and Treatments · Sports Analytics and Performance