Gambling, prediction markets and public policy

David Patón, Donald Siegel, Leighton Vaughan Williamsf

Research output: Contribution to journalArticle

3 Citations (Scopus)

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 languageEnglish (US)
Pages (from-to)878-883
Number of pages6
JournalSouthern Economic Journal
Volume76
Issue number4
DOIs
StatePublished - Jan 1 2010
Externally publishedYes

Fingerprint

Gambling
Public policy
Prediction markets
Elections
Policy implications
Casino
Risk attitude
Influence factors
Sports betting
Empirical evidence
Financial instruments
Lottery

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 journalArticle

Patón, David ; Siegel, Donald ; Williamsf, Leighton Vaughan. / Gambling, prediction markets and public policy. In: Southern Economic Journal. 2010 ; Vol. 76, No. 4. pp. 878-883.
@article{67827abc9a9e4ac18a9d1644d85a831a,
title = "Gambling, prediction markets and public policy",
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.",
author = "David Pat{\'o}n and Donald Siegel and Williamsf, {Leighton Vaughan}",
year = "2010",
month = "1",
day = "1",
doi = "10.4284/sej.2010.76.4.878",
language = "English (US)",
volume = "76",
pages = "878--883",
journal = "Southern Economic Journal",
issn = "0038-4038",
publisher = "Southern Economic Association",
number = "4",

}

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.

UR - http://www.scopus.com/inward/record.url?scp=77952116555&partnerID=8YFLogxK

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 -