A betting market: Description and a theoretical explanation of bets in pelota matches

dc.creator	Llorente Erviti, Loreto	es_ES
dc.creator	Aizpurua Agirre, José María	es_ES
dc.date.accessioned	2016-05-10T07:40:40Z
dc.date.available	2016-05-10T07:40:40Z
dc.date.issued	2006
dc.identifier.uri	https://hdl.handle.net/2454/20649
dc.description.abstract	In pelota matches, bets are made between viewers through a middleman who receives 16% of the finally paid amount. In this paper a description of the way bets are made and an explanation of the existence of those markets is presented. Taking betting markets as a simplified analogy for financial markets we have searched for the explanation in a world where both sides of the market are not different in believes and preferences. Taking observations from actually made bets a preliminary analysis about the biases of those markets is presented.	en
dc.format.extent	23 p.
dc.format.mimetype	application/pdf	en
dc.language.iso	eng	en
dc.relation.ispartofseries	Documentos de Trabajo DE - ES Lan Gaiak	es
dc.relation.ispartofseries	0603	en
dc.rights	CC Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0)	en
dc.rights.uri	https://creativecommons.org/licenses/by-nc-nd/4.0/
dc.title	A betting market: Description and a theoretical explanation of bets in pelota matches	en
dc.type	Documento de trabajo / Lan gaiak	es
dc.type	info:eu-repo/semantics/workingPaper	en
dc.contributor.department	Economía	es_ES
dc.contributor.department	Ekonomia	eu
dc.rights.accessRights	Acceso abierto / Sarbide irekia	es
dc.rights.accessRights	info:eu-repo/semantics/openAccess	en

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