On prices and returns in commercial prediction markets

DOI10.1080/14697688.2023.2257756zbMath1530.91558OpenAlexW4387037010MaRDI QIDQ6067804

Karl Whelan

Publication date: 14 December 2023

Published in: Quantitative Finance (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1080/14697688.2023.2257756

zbMATH Keywords

favorite-longshot biasprediction marketscommission fees

Mathematics Subject Classification ID

Financial markets (91G15)

Cites Work

• Prediction market prices under risk aversion and heterogeneous beliefs
• Prospect Theory: An Analysis of Decision under Risk

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