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Direct Tests Of The Divergence Of Opinion Hypothesis In The Market For Racetrack Betting

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  • Kenneth M. Lusht
  • Edward M. Saunders

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  • Kenneth M. Lusht & Edward M. Saunders, 1989. "Direct Tests Of The Divergence Of Opinion Hypothesis In The Market For Racetrack Betting," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 12(4), pages 285-291, December.
  • Handle: RePEc:bla:jfnres:v:12:y:1989:i:4:p:285-291
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    File URL: http://hdl.handle.net/10.1111/j.1475-6803.1989.tb00522.x
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    References listed on IDEAS

    as
    1. Miller, Edward M, 1977. "Risk, Uncertainty, and Divergence of Opinion," Journal of Finance, American Finance Association, vol. 32(4), pages 1151-1168, September.
    2. Steve Swidler & Paul Vanderheiden, 1983. "Another Opinion Regarding Divergence Of Opinion And Return," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 6(1), pages 47-50, March.
    3. Ali, Mukhtar M, 1979. "Some Evidence of the Efficiency of a Speculative Market," Econometrica, Econometric Society, vol. 47(2), pages 387-392, March.
    4. Richard N. Rosett, 1965. "Gambling and Rationality," Journal of Political Economy, University of Chicago Press, vol. 73(6), pages 595-595.
    5. Snyder, Wayne W, 1978. "Horse Racing: Testing the Efficient Markets Model," Journal of Finance, American Finance Association, vol. 33(4), pages 1109-1118, September.
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    Cited by:

    1. Kenneth L. Rhoda & Gerard T. Olson & Jack M. Rappaport, 1999. "Risk Preferences And Information Flows In Racetrack Betting Markets," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 22(3), pages 265-285, September.

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