UM OUTRO OLHAR SOBRE A EFICIÊNCIA DOS MERCADOS: O CASO DAS BOLSAS DE APOSTAS DE TÊNIS

In this article, we investigate the efficiency of the top tennis betting market worldwide using an original database from the Betfair betting exchange. Usually, the results show that the prices have made up a good forecast on the outcome of the matches. Nevertheless, there are evidences that the pun...

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Bibliographic Details
Main Authors: Júlio Lobão, Nuno Marques Rolla
Format: Article
Language:English
Published: Fundação Getulio Vargas 2015-06-01
Series:RAE: Revista de Administração de Empresas
Subjects:
Online Access:http://rae.fgv.br/sites/rae.fgv.br/files/um_outro_olhar_sobre_a_eficiencia_dos_mercados_o_caso_das_bolsas_de_apostas_de_tenis_1_0.pdf