Information Efficiency in Financial and Betting Markets
Leighton Vaughan Williams editor
Format:Hardback
Publisher:Cambridge University Press
Published:29th Sep '05
Currently unavailable, and unfortunately no date known when it will be back
This hardback is available in another edition too:
- Paperback£44.99(9780521108171)
Analyses information efficiency in both financial and betting markets.
This book provides a fascinating study of the existence and extent of information efficiency in financial markets, with a special focus on betting markets. Using international examples, this book reviews and analyses the issue of information efficiency in both financial and betting markets.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.
ISBN: 9780521816038
Dimensions: 235mm x 161mm x 29mm
Weight: 806g
412 pages