著者紹介

内容

目次

List of figures; List of tables; List of contributors; Introduction;Part I: The Concept of Information Efficiency: 1. Information efficiency infinancial markets Leighton Vaughan Williams; 2. Weak form informationefficiency in betting markets Leighton Vaughan Williams; 3. Semi-strong andstrong form information efficiency in betting markets Leighton VaughanWilliams; Part II. Selected Readings: 4. An assessment of quasi-arbitrageopportunities in two fixed-odds horse-race betting markets Michael A. Smith,David Paton and Leighton Vaughan Williams; 5. The presence of favourites andbiases in bookmakers' odds William Collier and John Peirson; 6. Searching forsemi-strong form inefficiency in the UK racetrack betting market Ming-ChienSung, Johnnie E. V. Johnson and Alistair C. Bruce; 7. Models, markets, pollsand pundits: a case study of information efficiency Leighton VaughanWilliams; 8. Longshot bias: insights from the betting market on men'sprofessional tennis David Forrest and Ian McHale; 9. Biases and insidertrading in exotic bets on thoroughbreds Les Coleman and Martin McGrath; 10.On the improbability of information efficient parimutuel betting markets inthe presence of heterogeneous beliefs William Hurley and Lawrence McDonough;11. Modelling gambling demand in a laboratory casino: discovering theimportance of individual-specific effects W. David Walls and Patrick J.Harvey; 12. Market efficiency of the 50-30-20-10 horse-racing spread bettingmarket Paul M. Twomey; 13. Insider trading and bias in a market forstate-contingent claims Adi Schnytzer and Yuval Shilony; 14. Rationality andefficiency in lotto games Victor A. Matheson and Kent R. Grote; 15.Efficiency of the odds on English professional football matches David Forrestand Robert Simmons; 16. Modelling distance preference in flat racing viaaverage velocity David Edelman; 17. Testing for market efficiency in gamblingmarkets: some observations and new statistical tests based on a bootstrapmethod Ivan A. Paya, David A. Peel, David Law and John Peirson; 18.Information (in)efficiency in prediction markets Erik Snowberg, JustinWolfers and Eric Zitzewitz; Index.