Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: The Journal of Finance

Point Shaving in the NBA: An Economic Analysis of the NBA’s Point Spread Betting Market

My name is Jonathan Gibbs, and I was asked by Chris Masse to give a little insight into the paper I wrote for my economics honors thesis at Stanford University, which was recently referenced by Justin Wolfers in his NY Times op-ed piece. I undertook this project during September 2006 to study the NBA’s [...]

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