@unpublished{publication-8965, author={Flepp, Raphael and N{\"u}esch, Stephan and Franck, E}, institution={University of Zurich}, issn={2296-0422}, number=341, pages=31, series={UZH Business Working Paper Series}, title={Liquidity, Market Efficiency and the Influence of Noise Traders: Quasi-Experimental Evidence from the Betting Industry}, year=2013, }