Does transparency imply efficiency? The case of the European soccer betting market

Oikonomidis, A, Bruce, AC ORCID: https://orcid.org/0000-0001-5748-0701 and Johnson, JEV, 2015. Does transparency imply efficiency? The case of the European soccer betting market. Economics Letters, 128, pp. 59-61. ISSN 0165-1765

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Abstract

We discover mispricing in an apparently transparent market - the European soccer betting market. Efficiency differences between countries are accounted for by variations in league competitiveness. We conclude that barriers to efficiency (e.g., risk evaluation problems) may remain in transparent markets.

Item Type:	Journal article
Publication Title:	Economics Letters
Creators:	Oikonomidis, A., Bruce, A.C. and Johnson, J.E.V.
Publisher:	Elsevier
Date:	March 2015
Volume:	128
ISSN:	0165-1765
Identifiers:	Number Type 10.1016/j.econlet.2015.01.015 DOI S0165176515000257 Publisher Item Identifier
Divisions:	Schools > Nottingham Business School
Record created by:	Linda Sullivan
Date Added:	29 Nov 2018 15:53
Last Modified:	29 Nov 2018 16:28
URI:	https://irep.ntu.ac.uk/id/eprint/35179

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