David Peel 
Economics of Betting Markets [EPUB ebook] 

Ủng hộ

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.

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Ngôn ngữ Anh ● định dạng EPUB ● Trang 136 ● ISBN 9781317988229 ● Biên tập viên David Peel ● Nhà xuất bản Taylor and Francis ● Được phát hành 2013 ● Có thể tải xuống 3 lần ● Tiền tệ EUR ● TÔI 7120143 ● Sao chép bảo vệ Adobe DRM
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