@misc{hanyu2026finalmarketpricessufficient,
      title={Are Final Market Prices Sufficient for Information Aggregation? Evidence from Last-Minute Dynamics in Parimutuel Betting}, 
      author={Hiroaki Hanyu and Shunsuke Ishii and Suguru Otani and Kazuhiro Teramoto},
      year={2026},
      eprint={2509.14645},
      archivePrefix={arXiv},
      primaryClass={econ.GN},
      url={https://arxiv.org/abs/2509.14645}, 
}