This book delves into the concept of information efficiency, exploring how it manifests in both financial markets and betting environments. It examines the mechanisms by which information is processed and utilized, highlighting the similarities and differences between these two domains. The analysis provides insights into market behavior, decision-making processes, and the implications of information asymmetry, making it a valuable resource for those interested in economics, finance, and behavioral analysis.
There is growing interest among academics and policymakers in the economics of gambling, which has been stimulated by major regulatory and tax changes in the U.S., U.K. Continental Europe, Asia, Australia and elsewhere. Unfortunately, there is no comprehensive source of path-breaking research on this topic. To fill this gap, we commissioned chapters from leading economists on all aspects of gambling research. Topics covered include the optimal taxation structure for various forms of gambling, factors influencing the demand and supply of gambling services, forecasting of gambling trends, regulation of gambling, the efficiency of racetrack and sports betting markets, gambling prevalence and behavior, modeling the demand for gambling services, the economic impact of gambling, substitution and complementarities among different types of gambling activity, and the relationship between gambling and other sectors of the economy. These are all important issues, with significant globalimplications. Specifically, we divide the Handbook into sections on casinos, sports betting, horserace betting, betting strategy, motivation, behavior and decision-making in betting markets, prediction markets and political betting, and lotteries and gambling machines
Designed for students and educators alike, this resource enhances reading experiences at various educational levels. It aims to enrich academic courses by providing engaging content that maintains scholarly integrity, making it an essential tool for those looking to deepen their understanding and enjoyment of literature.
Exploring a diverse collection of puzzles, problems, and paradoxes, this book aims to enhance understanding of everyday life while tackling significant questions. It invites readers to engage with intriguing and unconventional challenges, making it suitable for anyone curious about the fascinating world of logic and reasoning.
Draws upon an array of popular and novel puzzles, problems, and paradoxes, and
uses these to help understand and navigate our everyday world. Addresses some
of the big questions. Aimed at all those interested in learning about weird
and wonderful problems and paradoxes.
Drawing on academic research, including published and hitherto unpublished evidence, this book pinpoints techniques that will aid the bettor in formulating a successful and consistent betting strategy. Explaining the various betting forums as well as less traditional markets, this guide will appeal to all those interested in betting as a hobby or as a way of earning a second income.
