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 - Apr 2010 |
| Externally published | Yes |
ASJC Scopus subject areas
- Economics and Econometrics
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Cite this
Patón, D., Siegel, D. S., & Williamsf, L. V. (2010). Gambling, prediction markets and public policy. Southern Economic Journal, 76(4), 878-883. https://doi.org/10.4284/sej.2010.76.4.878