Gambling, prediction markets and public policy

David Patón, Donald S. Siegel, Leighton Vaughan Williamsf

Research output: Contribution to journalArticlepeer-review

4 Scopus citations


The recent worldwide increase in gambling and prediction markets, including casinos, sports betting, lotteries, elections, and wagering on financial instruments has stimulated an important debate regarding the public policy implications of these activities. Some critical research questions concern the efficiency of such markets, heterogeneity in risk attitudes among agents engaged in these activities, the factors that influence performance in gambling, and the desirability of using prediction markets. This special issue provides empirical evidence on these issues.

Original languageEnglish (US)
Pages (from-to)878-883
Number of pages6
JournalSouthern Economic Journal
Issue number4
StatePublished - Apr 2010
Externally publishedYes

ASJC Scopus subject areas

  • Economics and Econometrics


Dive into the research topics of 'Gambling, prediction markets and public policy'. Together they form a unique fingerprint.

Cite this