Place returns between the tote and bookmakers: empirical evidence of a market anomaly

被引：2
|
作者：
Law, D [1 ]
Peel, DA
Cain, M
机构：
[1] Univ Aberystwyth, Aberystwyth, Dyfed, Wales
[2] Cardiff Business Sch, Cardiff, S Glam, Wales
[3] Univ Salford, Salford M5 4WT, Lancs, England
来源：
APPLIED ECONOMICS LETTERS | 1999年 / 6卷 / 12期
关键词：
D O I：
10.1080/135048599352178
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This letter examines the relationship between returns to win and place betting between the tote and bookmakers when explicit allowance is made for the degree of insider trading employing the Shin measure. The results are not readily reconcilable with market efficiency.
引用
收藏
页码：789 / 792
页数：4
相关论文
共 50 条
12345