@incollection{snowberg2008favorite, Author = {Snowberg, Erik and Wolfers, Justin}, Booktitle = {{Handbook of Sports and Lottery Markets}}, Editor = {Hausch, Donald and Ziemba, William}, Pages = {103--136}, Publisher = {Elsevier: Handbooks in Finance series}, Title = {{Examining Explanations of a Market Anomaly: Preferences or Probabilities?}}, Year = {2008}}