Informational efficiency: Ranking markets (2007)
Frederic Palomino, Trading Objectives, Jordi Caballe, Larry Glosten
The paper studies informational properties of three types of imperfectly competitive markets: a One-Signal Speculative Market (OSS) in which agents only have information about the fundamental value...
The Sport League's Dilemma: Competitive Balance versus Incentives to Win (2000)
Palomino, Frederic, Rigotti, Luca
We analyze a dynamic model of strategic interaction between a professional sport league that organizes a tournament, the teams competing to win it, and the broadcasters paying for the rights to...
The Sport League's Dilemma: Competitive Balance Versus Incentives to Win (2000)
Frederic Palomino, Luca Rigotti
We analyze a dynamic model of strategic interaction between a professional sport league that organizes a tournament, the teams competing to win it, and the broadcasters paying for the rights to...
Skill, Strategy and Passion: an Empirical Analysis of Soccer (1998)
Frederic Palomino, Luca Rigotti, Aldo Rustichini
Sports provide a natural experiment on individual choices in games with high stakes. We study a game-theoretic model of a soccer match and then evaluate the ability of this model to explain actual...
Information salience, investor sentiment, and stock returns: The case of British soccer betting
Palomino, Frederic, Renneboog, Luc, Zhang, Chendi
Soccer clubs listed on the London Stock Exchange provide a unique way of testing stock price reactions to different types of news. For each firm, two pieces of information are released on a weekly...