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Efficiency of racetrack betting markets /
A reprint of one of the classic volumes on racetrack efficiency, this book is the only one in its field that deals with the racetrack betting market in-depth, containing all the important historical papers on racetrack efficiency. As evidenced by the collection of articles, the understanding of race...
| Clasificación: | Libro Electrónico |
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| Autor Corporativo: | |
| Otros Autores: | , , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
River Edge, N.J. :
World Scientific,
2008.
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| Edición: | 2008 ed. |
| Colección: | World Scientific handbook in financial economic series.
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| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Preface to 2008 Edition; Preface in 1994 Edition; List of Contributors; Acknowledgments; Introduction; PART I. PSYCHOLOGICAL STUDIES; Introduction to Psychological Studies D.B. Hausch, V.S.Y. Lo and W.T. Ziemba; Odds Adjustments by American Horse-Race Bettors R.M. Griffith; SUMMARY AND CONCLUSIONS; Stability of Choices among Uncertain Alternatives W.H. McGlothlin; PROBLEM; PROCEDURE; RESULTS; Discussion; SUMMARY; A Footnote on Horse Race Betting R.M. Griffith; Literature Cited; Biases in Betting: An Application of Laboratory Findings M.A. Metzger; METHOD; RESULTS; DISCUSSION
- VII. AVMART'S UTILITY OF MONEY CURVE VIII. CONCLUSION; Gambling and Rationality R.N. Rosett; I. INTRODUCTION; II. PARI-MUTUELBETTING; III. BETTING COMBINATIONS; Iv. THE TEEORETICAL RELATION BE- TWEEN RETURNS AND PROBA- BILITIES; V. RACE-TRACK DATA; VI. THE EMPIRICAL RELATION BETWEEN RETURN AND THE PROBABILITY OF WINNING; VII. CONCLUSIONS; APPENDIX A; APPENDIX B; APPENDIX C; Probability and Utility Estimates for Racetrack Bettors M.M. Ali; I. Probability Estimates; 11. Theoretical Explanation of the Differences between Subjective and Objective Probabilities; 111. Risk Attitudes; IV. Conclusion
- Growth versus Security in Dynamic Investment Analysis L.C. MacLean, W.T. Ziemba and G. BlazenkoI . The Basic Investment Problem; 1.1. Measures of Growth; I .2. Measures of Security; 2. Computation of Measures; 3. Effective Growth-security Trade off; 4. Applications; 4. I . Blackjack: ( 6, p ); 4.2. Horseracing: ( p r , y,); 4.3. Lotto Games: (q, (3); 4.4. Playing the Turn of the Year- Effect with Iiides Furures: ( 4 , p ); References; Searching for Positive Returns at the Track: A Multinomial Logit Model for Handicapping Horse Races R.N. Bolton and R.G. Chapman; introduction