Business & Economics Books:

Information Efficiency in Financial and Betting Markets

Format

Paperback

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Information Efficiency in Financial and Betting Markets
$121.99
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Description

The degree to which markets incorporate information is one of the most important questions facing economists today. This book provides a fascinating study of the existence and extent of information efficiency in financial markets, with a special focus on betting markets. Betting markets are selected for study because they incorporate features highly appropriate to a study of information efficiency, in particular the fact that each bet has a well-defined end point at which its value becomes certain. Using international examples, this book reviews and analyses the issue of information efficiency in both financial and betting markets. Part I is an extensive survey of the existing literature, while Part II presents a range of readings by leading academics. Insights gained from the book will interest students of financial economics, financial market analysts, mathematicians and statisticians, and all those with a special interest in finance or gambling.

Author Biography

Professor Leighton Vaughan Williams is Professor of Economics and Finance and Director of the Betting Research Unit at Nottingham Business School, Nottingham Trent University.
Release date NZ
April 9th, 2009
Contributor
Edited by Leighton Vaughan Williams
Country of Publication
United Kingdom
Illustrations
33 tables
Imprint
Cambridge University Press
Pages
412
Dimensions
152x229x23
ISBN-13
9780521108171
Product ID
2966361

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