Buscar
Mostrando ítems 1-3 de 3
Rank dependent expected utility in the pelota betting system: an experiment
(2006)
Documento de trabajo / Lan gaiak,
We theoretically and experimentally study a zero sum betting market: the pelota betting system, but with commonly known objective probabilities and without commissions. We know that risk-averse expected utility maximizers ...
A betting market: Description and a theoretical explanation of bets in pelota matches
(2006)
Documento de trabajo / Lan gaiak,
In pelota matches, bets are made between viewers through a middleman who receives 16% of the finally paid amount. In this paper a description of the way bets are made and an explanation of the existence of those markets ...
A profitable strategy in the pelota betting market
(2006)
Documento de trabajo / Lan gaiak,
In pelota matches, games with two mutually exclusive and exhaustive outcomes, bets on the winner are made between viewers through a middleman who receives 16% of the finally paid amount. In this paper after the description ...