The Growth of Gambling and Prediction Markets

Economic and Financial Implications

Dados 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)
Ano2009
Volume76
Fascículo302
Páginas219-224
Data de publicação2009-04-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoEconomica (JOURNAL)
Identificadores do periódicoISSN: 0013-0427 • E-ISSN: 1468-0335
EditoraWiley (PUBLISHER • GB)
DOI10.1111/j.1468-0335.2008.00753.x
OpenAlexW1965647302
IdiomaEN
Citações recebidas2
Referências 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