Misperception explains favorite-longshot bias: evidence from the Finnish and Swedish harness horse race markets
Sign Up to like & getrecommendations! Published in 2019 at "Empirical Economics"
DOI: 10.1007/s00181-018-1538-0
Abstract: We use a unique data set from Finnish and Swedish horse race betting markets to explain the favorite-longshot bias. The data set includes a complete set of odds for exotic markets. We use the exotic… read more here.
Keywords: finnish swedish; favorite longshot; longshot bias; horse race ... See more keywords
A day at the races in black and white: how an 1898 horse race led to a whipping, a lawsuit, and a 1901 arrest
Sign Up to like & getrecommendations! Published in 2020 at "Sport in History"
DOI: 10.1080/17460263.2020.1778074
Abstract: ABSTRACT After losing an 1898 horse race in the Bronx, New York, African-American jockey Alonzo ‘Lonnie’ Clayton, who had won the Kentucky Derby in 1892 at the age of fifteen, heard an insult from the… read more here.
Keywords: races black; horse race; race; 1898 horse ... See more keywords