UTILITY ANALYSIS AND GROUP BEHAVIOR AN EMPIRICAL STUDY

Martin Weitzman

Chapter 9 in Efficiency of Racetrack Betting Markets, 2008, pp 47-55 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:INTRODUCTIONTHE EXPECTED-UTILITY HYPOTHESISEXPERIMENTAL BACKGROUND: THE RACE TRACK AND PARIMUTUEL BETTINGTHE EXPERIMENTAL PROBABILITY CURVEFORMULATION OF THE MODEL MR. AVMARTAVMART'S INDIFFERENCE CURVEAVMART'S UTILITY OF MONEY CURVECONCLUSION

Keywords: Racetrack Efficiency; Racetrack Betting Market; Racetrack Betting; Win Market; Finance (search for similar items in EconPapers)
Date: 2008
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Related works:
Working Paper: Utility Analysis and Group Behavior: An Empirical Study (1965)
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