Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely:  explore the extent to which the decisions of participants in a speculative market effectively account for information contained in prices and price movements. The horse race betting market is an ideal environment to explore these issues. A conditional logit model is constructed to determine winning probabilities based on bookmakers closing prices and the time-indexed movement of prices to the market close.  incorporate a technique for extracting predictors from price (odds) curves using orthogonal polynomials. The results indicate that closing prices do not fully incorporate market price information, particularly information that is less readily discernable by market participants.
['J.E.V. Johnson', 'Owen Dafydd Jones', 'Leilei Tang']
I am writing a research paper on a idea Exploring Decision Makers Use of Price Information in a Speculative Market
[{"from": "human", "value": "I am writing a research paper on a idea Exploring Decision Makers Use of Price Information in a Speculative Market"}, {"from": "gpt", "value": "Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely:  explore the extent to which the decisions of participants in a speculative market effectively account for information contained in prices and price movements. The horse race betting market is an ideal environment to explore these issues. A conditional logit model is constructed to determine winning probabilities based on bookmakers closing prices and the time-indexed movement of prices to the market close.  incorporate a technique for extracting predictors from price (odds) curves using orthogonal polynomials. The results indicate that closing prices do not fully incorporate market price information, particularly information that is less readily discernable by market participants."}]