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  3. American Economic Review
  4. May 2009
  5. Bayesian Learning and the Pricing of New Information: Evidence from Prediction Markets

Bayesian Learning and the Pricing of New Information: Evidence from Prediction Markets

  • David S. Lee
  • Enrico Moretti
American Economic Review
vol. 99, no. 2, May 2009
(pp. 330-36)
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Citation

Lee, David S., and Enrico Moretti. 2009. "Bayesian Learning and the Pricing of New Information: Evidence from Prediction Markets." American Economic Review, 99 (2): 330-36. DOI: 10.1257/aer.99.2.330

JEL Classification

  • D72 Models of Political Processes: Rent-seeking, Elections, Legislatures, and Voting Behavior
  • D83 Search; Learning; Information and Knowledge; Communication; Belief