Efficiency of Racetrack Betting Markets 2008

Efficiency of Racetrack Betting Markets 2008


Edited by Donald B. Hausch, Edited by Victor S.Y. Lo, Edited by William T. Ziemba

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  • Publisher: World Scientific Publishing Co Pte Ltd
  • Format: Hardback | 676 pages
  • Dimensions: 158mm x 230mm x 40mm | 1,102g
  • Publication date: 30 October 2008
  • Publication City/Country: Singapore
  • ISBN 10: 9812819185
  • ISBN 13: 9789812819185
  • Edition statement: 2008 ed.
  • Illustrations note: black & white illustrations, black & white tables, figures
  • Sales rank: 451,218

Product description

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 racetrack betting is clearly drawn from, and has correspondingly returned something to, all the fields of psychology, economics, finance, statistics, mathematics and management science.

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Table of contents

Psychological Studies; Utility Preferences of Racetrack Bettors; Economic and Mathematical Insights; Efficiency of Win Markets and the Favorite-Longshot Bias; Prices versus Handicapping: Place and Show Anomalies; Efficiency of Exotic Wagering Markets; Research in the Commonwealth and Asia.