Browsing by UPNA Author "Llorente Erviti, Loreto"
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A betting market: Description and a theoretical explanation of bets in pelota matches
Llorente Erviti, Loreto
; Aizpurua Agirre, José María (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
Llorente Erviti, Loreto (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 ... -
Rank dependent expected utility in the pelota betting system: an experiment
Llorente Erviti, Loreto (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 ...
