Efficiency of racetrack betting markets

Hausch, Donald B. (Added Author). Lo, Victor S. Y. (Added Author). Ziemba, W. T. (Added Author). World Scientific (Added Author).

Summary: 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.

Record details

ISBN: 6611968288
ISBN: 9786611968281
ISBN: 9781281968289
ISBN: 1281968285
ISBN: 9812819193
ISBN: 9789812819192
Physical Description: 1 online resource (xxvii, 648 pages) : illustrations
remote
Edition: 2008 ed.
Publisher: River Edge, N.J. : World Scientific, 2008.

Content descriptions

Bibliography, etc. Note:	Includes bibliographical references.
Formatted Contents Note:	Growth versus Security in Dynamic Investment Analysis L.C. MacLean, W.T. Ziemba and G. BlazenkoI . The Basic Investment Problem; 1.1. Measures of Growth; I .2. Measures of Security; 2. Computation of Measures; 3. Effective Growth-security Trade off; 4. Applications; 4. I . Blackjack: ( 6, p ); 4.2. Horseracing: ( p r , y,); 4.3. Lotto Games: (q, (3); 4.4. Playing the Turn of the Year- Effect with Iiides Furures: ( 4 , p ); References; Searching for Positive Returns at the Track: A Multinomial Logit Model for Handicapping Horse Races R.N. Bolton and R.G. Chapman; introduction
Restrictions on Access Note:	NLC staff and students only.
Language Note:	English.