Baseball: A Poor Substitute for Football—More Evidence of Sports Gambling as Consumption

Due to the use of sports wagering market data as a laboratory to test the Efficient Markets Hypothesis, sports bettors have been assumed to behave as investors. With the rejection of the balanced book hypothesis and the persistent support of market efficiency, the notion of the sports bettor as inve...

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Veröffentlicht in:	Journal of Sports Economics 2013-04, Vol.14 (2), p.115-132
Hauptverfasser:	Paul, Rodney J., Weinbach, Andrew P.
Format:	Artikel
Sprache:	eng
Schlagworte:	Consumer behavior Efficient markets Gambling Hypotheses Professional baseball Studies
Online-Zugang:	Volltext
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