Economics of Betting Markets

Business & Finance, Economics
Cover of the book Economics of Betting Markets by , Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9781317988229
Publisher: Taylor and Francis Publication: September 13, 2013
Imprint: Routledge Language: English
Author:
ISBN: 9781317988229
Publisher: Taylor and Francis
Publication: September 13, 2013
Imprint: Routledge
Language: English

During the last few decades, commercial gambling has increased substantially throughout the Western world. More people than ever before have access to sources of legalised gambling, leading to bumper revenues for the institutions involved. Naturally enough, this has led to an increased interest in the area of the economics of betting.

This book addresses the issues raised by the continued growth of the gambling sector. How can we model the behaviour of people who seemingly act irrationally? What are the implications of different tax policies with regard to gambling? Are casinos capable of taking money away from state-run lotteries and the causes they fund? Can bookmakers’ odds be influenced in such a way as to make the gambling market inefficient? The authors in this volume provide insights based on data from many different countries, including England, the USA, Australia, Spain and Cyprus.

This volume brings together work which addresses the economic impact of the huge growth of commercial gambling in the Western world, as well as trying to model the cognitive processes which can explain why individuals are prepared to behave in such apparently irrational ways.

This book was published as a special issue of Applied Economics. The academic editor of this journal is Mark P. Taylor.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

During the last few decades, commercial gambling has increased substantially throughout the Western world. More people than ever before have access to sources of legalised gambling, leading to bumper revenues for the institutions involved. Naturally enough, this has led to an increased interest in the area of the economics of betting.

This book addresses the issues raised by the continued growth of the gambling sector. How can we model the behaviour of people who seemingly act irrationally? What are the implications of different tax policies with regard to gambling? Are casinos capable of taking money away from state-run lotteries and the causes they fund? Can bookmakers’ odds be influenced in such a way as to make the gambling market inefficient? The authors in this volume provide insights based on data from many different countries, including England, the USA, Australia, Spain and Cyprus.

This volume brings together work which addresses the economic impact of the huge growth of commercial gambling in the Western world, as well as trying to model the cognitive processes which can explain why individuals are prepared to behave in such apparently irrational ways.

This book was published as a special issue of Applied Economics. The academic editor of this journal is Mark P. Taylor.

More books from Taylor and Francis

Cover of the book Ellen Terry, Spheres of Influence by
Cover of the book Applications of interactionist Psychology by
Cover of the book Visual Effects for Film and Television by
Cover of the book Children, Youth and Development by
Cover of the book Memories of Revolution by
Cover of the book Meeting Ethnography by
Cover of the book Challenging Southeast Asian Development by
Cover of the book The Meaning of Life in Hinduism and Buddhism by
Cover of the book Assessment in Neuropsychology by
Cover of the book War and Drugs by
Cover of the book Small Acts of Repair by
Cover of the book The Golan Heights by
Cover of the book South Asian Religions on Display by
Cover of the book The Handbook of Practice and Research in Study Abroad by
Cover of the book Magna Carta by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy