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- W2045180854 abstract "This paper examines the efficiency of the National Football League (NFL) betting market. Previous econometric work on the subject has been based on least squares estimators, and has been marred by non-normal errors, which have cast doubt on standard hypothesis testing procedures. It is found that the negative binomial distribution provides a good description of points scored in NFL football games, but no significant departures from market efficiency were discovered." @default.
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- W2045180854 date "2000-01-01" @default.
- W2045180854 modified "2023-09-27" @default.
- W2045180854 title "Testing for statistical and market efficiency when forecast errors are non-normal: the NFL betting market revisited" @default.
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- W2045180854 doi "https://doi.org/10.1002/1099-131x(200012)19:7<575::aid-for765>3.0.co;2-u" @default.
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