ENGLISH

Information Efficiency in Financial and Betting Markets

Book information

Publisher
Cambridge University Press
Year
2005
ISBN
0521816033, 9780521816038, 9780511127816
LCC
HG4523 .V35 2005
Open Library ID
OL22708864M
Language
english
Format
PDF
Filesize
3 MB (3182930 bytes)
Pages
412\412
Topic
Economy
Library
Kolxo3
Scanned
yes
Time added
2010-07-29 05:14:56

Description

This survey of the theory and practice of gambling uses examples from an international range of sports betting markets. Gambling markets offer economists a fascinating case study of how information efficiency operates in a market. Insights gained from gambling interest many: governments (who tax gamblers), financial market analysts (who gamble on the financial markets), and, lastly, mathematicians (who analyze the puzzle of gambling).

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