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Previous articleNext article No AccessConfirmations and ContradictionsAn Examination of Efficiency in British Racetrack Betting: Errata and CorrectionsPaul Gabriel, and James R. MarsdenPaul Gabriel Search for more articles by this author , and James R. Marsden Search for more articles by this author PDFPDF PLUS Add to favoritesDownload CitationTrack CitationsPermissionsReprints Share onFacebookTwitterLinkedInRedditEmail SectionsMoreDetailsFiguresReferencesCited by Journal of Political Economy Volume 99, Number 3Jun., 1991 Article DOIhttps://doi.org/10.1086/261772 Views: 2Total views on this site Citations: 21Citations are reported from Crossref Copyright 1991 The University of ChicagoPDF download Crossref reports the following articles citing this article:Chi Zhang, Jacco Thijssen On Sticky Bookmaking as a Learning Device in Horse-Racing Betting Markets, Journal of Economic Dynamics and Control 85 (Sep 2022): 104525.https://doi.org/10.1016/j.jedc.2022.104525Chung-Ching Tai, Hung-Wen Lin, Bin-Tzong Chie, Chen-Yuan Tung Predicting the failures of prediction markets: A procedure of decision making using classification models, International Journal of Forecasting 35, no.11 (Jan 2019): 297–312.https://doi.org/10.1016/j.ijforecast.2018.04.003Jianbo Li, Minggao Gu, Riquan Zhang, Heng Lian Variable selection for general transformation models with ranking data, Statistics 48, no.11 (Aug 2012): 81–100.https://doi.org/10.1080/02331888.2012.708034Jianbo Li, Minggao Gu, Tao Hu General partially linear varying-coefficient transformation models for ranking data, Journal of Applied Statistics 39, no.77 (Jul 2012): 1475–1488.https://doi.org/10.1080/02664763.2012.658357J.E.V. Johnson, D. Peel, J. Peirson Systematic and varying biases in parallel state contingent gambling markets, Economics Letters 109, no.22 (Nov 2010): 82–84.https://doi.org/10.1016/j.econlet.2010.08.015Jaiho Chung, Joon Ho Hwang An Empirical Examination of the Parimutuel Sports Lottery Market versus the Bookmaker Market, Southern Economic Journal 76, no.44 (Apr 2010): 884–905.https://doi.org/10.4284/sej.2010.76.4.884M. SUNG, J. E. V. JOHNSON Revealing Weak-Form Inefficiency in a Market for State Contingent Claims: The Importance of Market Ecology, Modelling Procedures and Investment Strategies, Economica 77, no.305305 (Jan 2010): 128–147.https://doi.org/10.1111/j.1468-0335.2008.00716.xErik Snowberg, Justin Wolfers Examining Explanations of a Market Anomaly: Preferences or Perceptions?, (Jan 2008): 103–136.https://doi.org/10.1016/B978-044450744-0.50010-XRussell S. Sobel, Matt E. Ryan Unifying the Favorite-Longshot Bias with Other Market Anomalies, (Jan 2008): 137–160.https://doi.org/10.1016/B978-044450744-0.50011-1M. Sung, J.E.V. Johnson Semi-Strong Form Information Efficiency in Horse Race Betting Markets, (Jan 2008): 275–306.https://doi.org/10.1016/B978-044450744-0.50017-2Alexander K. Koch, Hui-Fai Shing Bookmaker and Pari-Mutuel Betting: Is a (Reverse) Favourite-Longshot Bias Built-In?, SSRN Electronic Journal (Jan 2007).https://doi.org/10.2139/ssrn.964438Leighton Vaughan Williams Semi-strong and strong form information efficiency in betting markets, (Sep 2005): 123–156.https://doi.org/10.1017/CBO9780511493614.004Ming-Chien Sung, Johnnie E. V. Johnson, Alistair C. Bruce Searching for semi-strong form inefficiency in the UK racetrack betting market, (Sep 2005): 179–192.https://doi.org/10.1017/CBO9780511493614.007Ivan. A. Paya, David. A. Peel, David. Law, John. Peirson Testing for market efficiency in gambling markets: some observations and new statistical tests based on a bootstrap method, (Sep 2005): 346–365.https://doi.org/10.1017/CBO9780511493614.018Alistair C. Bruce, Johnnie E.V. Johnson Market ecology and decision behaviour in state-contingent claims markets, Journal of Economic Behavior & Organization 56, no.22 (Feb 2005): 199–217.https://doi.org/10.1016/j.jebo.2003.09.009Jeffrey Lange, Nicholas Economides A Parimutuel Market Microstructure for Contingent Claims, European Financial Management 11, no.11 (Jan 2005): 25–49.https://doi.org/10.1111/j.1354-7798.2005.00274.xAlistair C. Bruce, Johnnie E. V. Johnson Efficiency characteristics of a market for state contingent claims, Applied Economics 33, no.1313 (Oct 2001): 1751–1754.https://doi.org/10.1080/00036840110052785Jeffrey Lange, Nicholas Economides A Parimutuel Market Microstructure for Contingent Claims Trading, SSRN Electronic Journal (Jan 2001).https://doi.org/10.2139/ssrn.294306Alistair C. Bruce, Johnnie E.V. Johnson Market efficiency analysis requires a sensitivity to market characteristics: some observations on a recent study of betting market efficiency, Applied Economics Letters 7, no.33 (Oct 2010): 199–202.https://doi.org/10.1080/135048500351799Leighton Vaughan Williams, David Paton Does information efficiency require a perception of information inefficiency?, Applied Economics Letters 4, no.1010 (Oct 1997): 615–617.https://doi.org/10.1080/758533285Paul E. Gabriel, James R. Marsden, Timothy J. Stanton Testing market efficiency with information on individual investor performance, International Review of Economics & Finance 2, no.22 (Jan 1993): 149–162.https://doi.org/10.1016/1059-0560(93)90020-Q
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