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Record Nr. |
UNINA9910450106203321 |
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Titolo |
The economics of gambling / / edited by Leighton Vaughan Williams |
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Pubbl/distr/stampa |
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London ; ; New York : , : Routledge, , 2003 |
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ISBN |
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1-134-50838-7 |
1-280-22136-4 |
9786610221363 |
0-203-98693-8 |
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Descrizione fisica |
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1 online resource (287 p.) |
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Classificazione |
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Altri autori (Persone) |
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Disciplina |
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Soggetti |
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Gambling |
Gambling - Economic aspects |
Electronic books. |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references and index. |
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Nota di contenuto |
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Introduction / Leighton Vaughan Williams -- The favourite-longshot bias and the Gabriel and Marsden anomaly: an explanation based on utility theory / Michael Cain, David Peel and David Law -- Is the presence of inside traders necessary to give rise to a favorite-longshot bias? / Adi Schnytzer and Yuval Shilony -- Pari-mutuel place betting in Great Britain and Ireland: an extraordinary opportunity / David Jackson and Patrick Waldron -- Betting at British racecourses: a comparison of the efficiency of betting with bookmakers and at the Tote / John Peirson and Philip Blackburn -- Breakage, turnover, and betting market efficiency: new evidence from Japanese horse tracks / W. David Walls and Kelly Busche -- The impact of tipster information on bookmakers' prices in UK horse-race markets / Michael A. Smith -- On the marginal impact of information and arbitrage / Adi Schnytzer, Yuval Shilony and Richard Thorne -- Covarianace decompositions and betting markets: early insights using data from French trotting / Jack Dowie -- A competitive horse-race handicapping algorithm based on analysis of covariance / David Edelman -- Efficiency in the handicap and index betting markets for English rugby league / Robert Simmons, David |
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Forrest and Anthony Curran -- Efficiency of the over-under betting market for National Football League games / Joseph Golec and Maurry Tamarkin -- Player injuries and price responses in the point spread wagering market / Raymond D. Sauer -- Is the UK National Lottery experiencing lottery fatigue? / Stephen Creigh-Tyte and Lisa Farrell -- Time-series modelling of Lotto demand / David Forrest -- Reconsidering the economic impact of Indian casino gambling / Gary C. Anders -- Investigating betting behaviour: a critical discussion of alternative methodological approaches / Alistair Bruce and Johnnie Johnson -- The demand for gambling: a review / David Paton, Donald S. Siegel and Leighton Vaughan Williams. |
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Sommario/riassunto |
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Against a background of extraordinary growth in the popularity of betting and gaming across many countries of the world, there has never been a greater need for a study into gambling's most important factor - its economics.This collection of original contributions drawn from such leading experts as David Peel, Stephen Creigh-Tyte, Raymond Sauer and Donald Siegel covers such interesting themes as:*betting on the horses*over-under betting in football games*national lotteries and lottery fatigue*demand for gambling*economic impact of casino gamblingThis timely and comp |
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