{"title":"日本赛马场博彩市场的销售量、噪声交易商和效率","authors":"Masahiro Ashiya","doi":"10.5750/jgbe.v16i1.2029","DOIUrl":null,"url":null,"abstract":"This study examines 3,270 races of the Japanese thoroughbred racetrack betting market. It finds that market efficiency improves with the sales volume and deteriorates with the number of horses on a race and an increase in less-informed bettors.","PeriodicalId":109210,"journal":{"name":"The Journal of Gambling Business and Economics","volume":"55 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2023-07-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Sales Volume, Noise Traders, and Efficiency of the Japanese Racetrack Betting Market\",\"authors\":\"Masahiro Ashiya\",\"doi\":\"10.5750/jgbe.v16i1.2029\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This study examines 3,270 races of the Japanese thoroughbred racetrack betting market. It finds that market efficiency improves with the sales volume and deteriorates with the number of horses on a race and an increase in less-informed bettors.\",\"PeriodicalId\":109210,\"journal\":{\"name\":\"The Journal of Gambling Business and Economics\",\"volume\":\"55 1\",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2023-07-19\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"The Journal of Gambling Business and Economics\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.5750/jgbe.v16i1.2029\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"The Journal of Gambling Business and Economics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.5750/jgbe.v16i1.2029","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Sales Volume, Noise Traders, and Efficiency of the Japanese Racetrack Betting Market
This study examines 3,270 races of the Japanese thoroughbred racetrack betting market. It finds that market efficiency improves with the sales volume and deteriorates with the number of horses on a race and an increase in less-informed bettors.
求助内容：
应助结果提醒方式：
京公网安备 11010802042870号
