Information Efficiency in Financial and Betting Markets
by Leighton Vaughan Williams
2020-04-16 14:18:16
Information Efficiency in Financial and Betting Markets
by Leighton Vaughan Williams
2020-04-16 14:18:16
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 fro...
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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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