Corrigendum: The Economics of Wagering Markets
AbstractCORRIGENDUM In "The Economics of Wagering Markets", by Raymond D. Sauer (December 1998), the two-paragraph discussion on page 2039 of Hurley and McDonough’s (1996b) model of the favorite long-shot bias contains an error of attribution. Whereas the results discussed in the second paragraph are new to their paper, the results discussed in the first paragraph were originally derived in Theorem 2 of Ali (1977).
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Bibliographic InfoArticle provided by American Economic Association in its journal Journal of Economic Literature.
Volume (Year): 37 (1999)
Issue (Month): 2 (June)
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