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Information Efficiency in Financial and Betting Markets

Information Efficiency in Financial and Betting Markets

Hardcover

EconomicsInvesting & FinanceProgramming

ISBN10: 0521816033
ISBN13: 9780521816038
Publisher: Cambridge University Press
Published: Sep 29 2005
Pages: 412
Weight: 1.70
Height: 1.06 Width: 6.00 Depth: 9.00
Language: English
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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