Handbook of Sports and Lottery Markets

Erscheinungsjahr 2008
ISBN: 978-0-444-50744-0
Verlag: Elsevier Science

Buch, Englisch, 560 Seiten, Format (B × H): 200 mm x 242 mm, Gewicht: 1341 g

Its basic empirical research and investigation of pure theories of investment in the sports and lottery markets make this volume a winner. These markets are simpler to study than traditional financial markets, and their expected values and outcomes are uncomplicated. By means of new overviews of scholarship on the industry side of racetrack and other betting markets to betting exchanges and market efficiencies, contributors consider a variety of sports in countries around the world. The result is not only superior information about market forecasting, but macro- and micro-analyses that are relevant to other markets.

Zielgruppe

Primary: university, research, and major public libraries with finance and economics holdings.
Secondary: academics in finance and economics

Autoren/Hrsg.

Hausch, Donald B

Ziemba, W T

Weitere Mitwirkende

Constantinides, G.

Markowitz, H.M

Merton, R.C.

Myers, S.C.

Samuelson, P.A.

Sharpe, W.F.

Arrow, Kenneth J.

Fachgebiete

• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Anlagen & Wertpapiere
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Unternehmensfinanzierung
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen

Inhaltsverzeichnis

Industry Studies
Utility and Probability Estimation
Favorite-Longshot Bias in the Win Market
Weak Market Efficiency
Semi-Strong Form Efficiency
Prediction Markets
Soccer
Lotteries

Über Autor(innen)

Arrow, Kenneth J.
Kenneth Arrow is the Joan Kenney Professor of Economics and Professor of Operations Research, emeritus; a CHP/PCOR fellow; and an FSI senior fellow by courtesy. He is the joint winner of the Nobel Memorial Prize in Economics with John Hicks in 1972. To date, he is the youngest person to have received this award, at 51. In economics, he is a figure in post-World War II neo-classical economic theory. Many of his former graduate students have gone on to win the Nobel Memorial Prize themselves. His most significant works are his contributions to social choice theory, notably "Arrow's impossibility theorem", and his work on general equilibrium analysis. He has also provided foundational work in many other areas of economics, including endogenous growth theory and the economics of information. He has been co-editor of the Handbooks in Economics series since the mid-1980s.