Abstract
The recent worldwide increase in gambling and prediction markets, including casinos, sports betting, lotteries, elections, and wagering on financial instruments has stimulated an important debate regarding the public policy implications of these activities. Some critical research questions concern the efficiency of such markets, heterogeneity in risk attitudes among agents engaged in these activities, the factors that influence performance in gambling, and the desirability of using prediction markets. This special issue provides empirical evidence on these issues.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 878-883 |
| Number of pages | 6 |
| Journal | Southern Economic Journal |
| Volume | 76 |
| Issue number | 4 |
| DOIs | |
| State | Published - Jan 1 2010 |
| Externally published | Yes |
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ASJC Scopus subject areas
- Economics and Econometrics
Cite this
Gambling, prediction markets and public policy. / Patón, David; Siegel, Donald; Williamsf, Leighton Vaughan.
In: Southern Economic Journal, Vol. 76, No. 4, 01.01.2010, p. 878-883.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - Gambling, prediction markets and public policy
AU - Patón, David
AU - Siegel, Donald
AU - Williamsf, Leighton Vaughan
PY - 2010/1/1
Y1 - 2010/1/1
N2 - The recent worldwide increase in gambling and prediction markets, including casinos, sports betting, lotteries, elections, and wagering on financial instruments has stimulated an important debate regarding the public policy implications of these activities. Some critical research questions concern the efficiency of such markets, heterogeneity in risk attitudes among agents engaged in these activities, the factors that influence performance in gambling, and the desirability of using prediction markets. This special issue provides empirical evidence on these issues.
AB - The recent worldwide increase in gambling and prediction markets, including casinos, sports betting, lotteries, elections, and wagering on financial instruments has stimulated an important debate regarding the public policy implications of these activities. Some critical research questions concern the efficiency of such markets, heterogeneity in risk attitudes among agents engaged in these activities, the factors that influence performance in gambling, and the desirability of using prediction markets. This special issue provides empirical evidence on these issues.
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UR - http://www.scopus.com/inward/citedby.url?scp=77952116555&partnerID=8YFLogxK
U2 - 10.4284/sej.2010.76.4.878
DO - 10.4284/sej.2010.76.4.878
M3 - Article
AN - SCOPUS:77952116555
VL - 76
SP - 878
EP - 883
JO - Southern Economic Journal
JF - Southern Economic Journal
SN - 0038-4038
IS - 4
ER -