Efficiency of Racetrack Betting Markets (Economic Theory, Econometrics, and Mathematical Economics)
| Author | : | |
| Rating | : | 4.10 (751 Votes) |
| Asin | : | 0123330300 |
| Format Type | : | paperback |
| Number of Pages | : | 648 Pages |
| Publish Date | : | 2014-10-11 |
| Language | : | English |
DESCRIPTION:
The various contributions provide an intriguing tour for the roving economist, and also some key insights for the sharp horseplayer." --Justin Wolfers, Assistant Professor, Business and Public Policy, The Wharton School, University of Pennsylvania . Each time I read the book, fresh ideas for new research spring to mind. For those who have stalked the Internet trying desperately to get hold of a copy of the original volume at a reasonable price, this is a much welcomed 2008 edition." --Professor Johnnie E V Jo
. Hausch has coauthored two books and coedited two volumes. Victor SY Lo is currently Vice President, Decision Sciences at Fidelity Investments where he manages a team of analytic professionals. His main areas of research are auction theory, contract theory and the empirical investigation of market inefficiency. His academic resear
Coverage includes psychological studies, utility preferences, economic and mathematical analysis, and examines betting strategies from win-place-show to exotics such as quinella and exacta.* * Explores the academic and theoretical aspects of horse-racing and racetrack betting markets.* Offers economic, financial, and psychological studies on gambling* Includes mathematical and statistical models for probability estimations and wagering systems.* Features an international analysis of risk behaviour and market efficiency on racetrack markets.. Top experts provide an outstanding collection of major academic findings on racetrack betting markets
Collection of ~60 Academic Papers Fred Corsiglia This is a very difficult to locate title and you are likely to pay a significant price premium. I found my copy at Amazon.co.uk and it was a reverse bound photocopy of the manuscript, still carrying a premium price!The book contains approximately 60 academic papers divided into seven categories. As academic papers, each of the paper goes into significant depth regarding narrow topics. The organization of the book attempts to bridge between the topics. Some of the papers are "classics" written as early . Robert Beveridge said Brilliant, if you can understand it.. William Ziemba and Donald B. Hausch, eds., Efficiencies of Racetrack Betting Markets: Economic Theory, Econometrics, and Mathematical Economics (Academic Press, 199Brilliant, if you can understand it. Robert Beveridge William Ziemba and Donald B. Hausch, eds., Efficiencies of Racetrack Betting Markets: Economic Theory, Econometrics, and Mathematical Economics (Academic Press, 1994)I believe this is the only review I have ever written for a book I do not own. While I was working at a university in the late nineties, I was lucky enough to stumble upon a copy of this in their library after reading Ziemba and Hausch's landmark Beat the Track. For the year between my finding it and my switching jobs, the book was out of . )I believe this is the only review I have ever written for a book I do not own. While I was working at a university in the late nineties, I was lucky enough to stumble upon a copy of this in their library after reading Ziemba and Hausch's landmark Beat the Track. For the year between my finding it and my switching jobs, the book was out of . A must read Pete Lock After reading and researching statistical techniques applied to horse racing this book is by far the most important and complete book I have read. The techniques are proven using complex math and statistical calculations and if repeated can earn a consistant and reasonable profit.