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

David S. Lee, Enrico Moretti

American Economic Review · 2009 · Volume 99 · Issue 2

DOI: 10.1257/aer.99.2.330

Keywords

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

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