Published April 1997 | Version Submitted
Working Paper Open

Parimutuel Betting Markets as Information Aggregation Devices: Experimental Results

Abstract

[No abstract]

Additional Information

The financial support of the Caltech Laboratory for Experimental Economics and Political Science and of the National Science Foundation is greatly appreciated. We wish to thank Colin Camerer, Dave Grether, and Markus Noth for their comments and insights at the early stages of this research. In addition we wish to acknowledge the many useful comments provided by the seminar on experimental economics at Caltech and by Thierry Foucault. We also thank Ralph Miles for correcting an error regarding parimutuel terminology and John Patty for his comments on the manuscript. Published as Plott, Charles R. and Wit, Jorgen and Yang, Winston C. (2003) Parimutuel betting markets as information aggregation devices: experimental results. Economic Theory, 22 (2). pp. 311-351.

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Identifiers

Eprint ID
80436
Resolver ID
CaltechAUTHORS:20170815-151804081

Funding

Caltech Laboratory for Experimental Economics and Political Science
NSF

Dates

Created
2017-08-15
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Updated
2019-10-03
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Caltech Custom Metadata

Caltech groups
Social Science Working Papers
Series Name
Social Science Working Paper
Series Volume or Issue Number
986