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E-grāmata: Oxford Handbook of the Economics of Gambling [Oxford Handbooks Online E-books]

Edited by (Dean and Professor, School of Business, University at Albany, SUNY), Edited by (Professor of Economics and Finance and Director, Betting Research Unit, Nottingham Business School, Nottingham Trent University)
  • Formāts: 744 pages
  • Sērija : Oxford Handbooks
  • Izdošanas datums: 16-Jan-2014
  • Izdevniecība: Oxford University Press Inc
  • ISBN-13: 9780199984794
Citas grāmatas par šo tēmu:
  • Oxford Handbooks Online E-books
  • Cena pašlaik nav zināma
  • Formāts: 744 pages
  • Sērija : Oxford Handbooks
  • Izdošanas datums: 16-Jan-2014
  • Izdevniecība: Oxford University Press Inc
  • ISBN-13: 9780199984794
Citas grāmatas par šo tēmu:
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 global implications. 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
Contributors ix
Introduction xiii
SECTION I CASINOS
1 The Employment Impact of Casino Gambling in the U.S.
3(15)
Gary Anders
2 The Economics of Casino Taxation
18(19)
John E. Anderson
3 The Elasticity of Casino Gambling
37(18)
Mark W. Nichols
Mehmet Serkan Tosun
4 The Economics of Asian Casino Gaming and Gambling
55(32)
Ricardo Chi Sen Siu
5 How does Implementation of a Smoking Ban Affect Gaming?
87(21)
John C. Navin
Timothy S. Sullivan
Warren D. Richards
6 Overview of the Economic and Social Impacts of Gambling in the United States
108(23)
Douglas M. Walker
SECTION II SPORTS BETTING
7 The Economics of Online Sports Betting
131(16)
George Diemer
Ryan M. Rodenberg
8 The Football Pools
147(16)
David Forrest
Levi Perez
9 The Efficiency of Soccer Betting Markets
163(9)
John Goddard
10 The Efficiency of Pelota Betting Markets
172(22)
Loreto Llorente
Josemari Aizpurua
Javier Puertolas
11 The Lure of the Pitcher: How the Baseball Betting Market Is Influenced by Elite Starting Pitchers
194(16)
Rodney J. Paul
Andrew P. Weinbach
Brad R. Humphreys
12 Information Efficiency in High-Frequency Betting Markets
210(25)
J. James Reade
John Goddard
SECTION III HORSE RACE BETTING
13 On the Long-Run Sustainability of Tote Betting Markets
235(6)
David Edelman
14 The Economics of Racetrack--Casino (Racino) Gambling
241(15)
Richard Thalheimer
15 The Modern Racing Landscape and the Racetrack Wagering Market: Components of Demand, Subsidies, and Efficiency
256(20)
Ramon P. DeGennaro
Ann B. Gillette
16 What Explains the Existence of an Exchange Overround?
276(22)
David Marginson
17 Insider Trading in Betting Markets
298(18)
Adi Schnytzer
18 Pricing Decisions and Insider Trading in Fixed-Odds Horse Betting Markets
316(25)
Adi Schnytzer
Vasiliki Makropoulou
Martien Lamers
SECTION IV BETTING STRATEGY
19 Betting on Simultaneous Events and Accumulator Gambles
341(29)
Andrew Grant
20 A Primer on the Mathematics of Gambling
370(17)
Robert C. Hannum
21 The Science and Economics of Poker
387(15)
Robert C. Hannum
22 The Kelly Criterion with Games of Chance
402(26)
Leonard C. MacLean
William T. Ziemba
23 Exploiting Expert Analysis? Evidence from Event Studies in an Information-Rich Market Environment
428(23)
Michael A. Smith
SECTION V MOTIVATION, BEHAVIOR AND DECISION-MAKING IN BETTING MARKETS
24 Betting Motivation and Behavior
451(23)
Alistair Bruce
25 Motivation in Betting Markets: Speculation, Calculus, or Fun?
474(13)
Les Coleman
26 Evidence of Biased Decision-Making in Betting Markets
487(31)
David McDonald
Ming-Chien Sung
Johnnie Johnson
27 Behavioral Finance and Point Spread Wagering Markets
518(25)
Greg Durham
SECTION VI PREDICTION MARKETS AND POLITICAL BETTING
28 A Simple Automated Market Maker for Prediction Markets
543(17)
David Johnstone
29 The Long History of Political Betting Markets: An International Perspective
560(29)
Paul W. Rhode
Koleman Strumpf
SECTION VII LOTTERIES AND GAMBLING MACHINES
30 The Efficiency of Lottery Markets
589(22)
David Forrest
O. David Gulley
31 The National Lottery
611(26)
John Lepper
Stephen Creigh-Tyte
32 The Benefits and Costs of Slot Machine Gambling
637(33)
Scott Farrow
Chava Carter
33 The Economics of Lotteries: A Survey of the Literature
670(22)
Kent Grote
Victor A. Matheson
34 The Taxation of Gambling Machines: A Theoretical Perspective
692(9)
Leighton Vaughan Williams
David Paton
Name Index 701(2)
General Index 703
Head of Economics Research and Director of the Betting Research Unit and Political Forecasting Unit at Nottingham Business School, Nottingham Trent University