Browsing: betting market size

In closing, let me discuss the consequences of bettors’ varying motivations for betting markets. Perhaps the most important economic question…

The operation of betting markets is straightforward, which helps in the analysis of decision-making behavior. Specifically, in a betting market…

According to Sauer (1998) and Richard E. Quandt (1986), three forms of wagering are prominent in the relevant economic literature:…

Throughout the game spectators are allowed to place as many bets as they want. On each bet the bettor chooses…