Information Efficiency in Financial and Betting Markets

Information Efficiency in Financial and Betting Markets
Author: Leighton Vaughan Williams
Publisher: Cambridge University Press
Total Pages: 412
Release: 2005-09-29
Genre: Business & Economics
ISBN: 1139445405


Download Information Efficiency in Financial and Betting Markets Book in PDF, Epub and Kindle

The degree to which markets incorporate information is one of the most important questions facing economists today. This book provides a fascinating study of the existence and extent of information efficiency in financial markets, with a special focus on betting markets. Betting markets are selected for study because they incorporate features highly appropriate to a study of information efficiency, in particular the fact that each bet has a well-defined end point at which its value becomes certain. Using international examples, this book reviews and analyses the issue of information efficiency in both financial and betting markets. Part I is an extensive survey of the existing literature, while Part II presents a range of readings by leading academics. Insights gained from the book will interest students of financial economics, financial market analysts, mathematicians and statisticians, and all those with a special interest in finance or gambling.


Information Efficiency in Financial and Betting Markets
Language: en
Pages: 412
Authors: Leighton Vaughan Williams
Categories: Business & Economics
Type: BOOK - Published: 2005-09-29 - Publisher: Cambridge University Press

GET EBOOK

The degree to which markets incorporate information is one of the most important questions facing economists today. This book provides a fascinating study of th
Efficiency of Racetrack Betting Markets
Language: en
Pages: 679
Authors: Donald B. Hausch
Categories: Games & Activities
Type: BOOK - Published: 2008 - Publisher: World Scientific

GET EBOOK

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, c
Handbook of Sports and Lottery Markets
Language: en
Pages: 561
Authors: Donald B. Hausch
Categories: Business & Economics
Type: BOOK - Published: 2011-08-11 - Publisher: Elsevier

GET EBOOK

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 sim
Forecasting Expected Returns in the Financial Markets
Language: en
Pages: 299
Authors: Stephen Satchell
Categories: Business & Economics
Type: BOOK - Published: 2011-04-08 - Publisher: Elsevier

GET EBOOK

Forecasting returns is as important as forecasting volatility in multiple areas of finance. This topic, essential to practitioners, is also studied by academics
Prediction Markets
Language: en
Pages: 289
Authors: Leighton Vaughan Williams
Categories: Business & Economics
Type: BOOK - Published: 2011-06-16 - Publisher: Routledge

GET EBOOK

How does one effectively aggregate disparate pieces of information that are spread among many different individuals? In other words, how does one best access th