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A model of a general parimutuel system: Characterizations and equilibrium selection

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Publication:1332127
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DOI10.1007/BF01247317zbMath0822.90150OpenAlexW2015696748MaRDI QIDQ1332127

Takahiro Watanabe, Hideyuki Nonoyama, Masao Mori

Publication date: 26 October 1995

Published in: International Journal of Game Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/bf01247317


zbMATH Keywords

equilibriahorse racegambling gameparimutuel system


Mathematics Subject Classification ID

Probabilistic games; gambling (91A60)


Related Items (4)

A parimutuel system with two horses and a continuum of bettors ⋮ Parimutuel betting under asymmetric information ⋮ An axiomatic characterization of wagering mechanisms ⋮ Sequential parimutuel games




Cites Work

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  • Common belief and common knowledge
  • The tracing procedure: A Bayesian approach to defining a solution for n- person noncooperative games
  • Agreeing to disagree
  • Correlated Equilibrium as an Expression of Bayesian Rationality
  • Optimal Operation of Public Lotteries
  • Games with Incomplete Information Played by “Bayesian” Players, I–III Part I. The Basic Model




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