Differences in competitors’ market influence due to market structure: Evidence from Japanese gambling market

This study investigates how differences in the market structure between the Japanese horse racing and Keirin1 racing markets affects the influence exercised by high-turnover operators (major operators) in both markets on low-turnover operators (minor operators) in those markets.2 In the horse racing...

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Bibliographic Details
Main Authors: Masafumi Nagata, Tokuro Matsuo
Format: Article
Language:English
Published: Elsevier 2024-05-01
Series:Heliyon
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2405844024063059