Information efficiency in markets for state contingent claims : a study of British horse race betting
The thesis reports a major empirical analysis of information efficiency in UK horse race betting markets. A range of tests for weak- and semi-strong efficiency in bookmaker and betting exchange markets was performed, in relation to a dataset of bookmaker data for 500 races; and a further dataset of...
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Nottingham Trent University
2007
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.441475 |