Experimental Evidence on Forecaster (anti-) Herding in Sports Markets

We experimentally analyzed whether (anti-)herding behavior of forecasters in sport-betting markets is influenced by the incentive structure of the market (winner-takes-all vs. equal payment of most accurate forecasts) and by personal traits of forecasters. We found evidence of anti-herding in foreca...

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Bibliographic Details
Published in:MAGKS - Joint Discussion Paper Series in Economics (Band 38-2020)
Main Authors: Bühren, Christoph, Meyer, Tim, Pierdzioch, Christian
Format: Article
Language:English
Published: 2020
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Online Access:PDF Full Text
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