Raymond O'Brien
Biographic Data
| ID | 5734397 |
|---|---|
| NAME | Raymond O'Brien |
| GIVEN NAMES | Raymond |
| FAMILY NAME | O'Brien |
| SIGNATURE | BRIEN R O |
| VERIFIED | No |
| TOTAL WORKS | 2 |
| TOTAL CITATIONS | 0 |
| AUTHOR COUNT | 2 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1995 |
| LATEST PUBLICATION YEAR | 1999 |
| H-INDEX | 0 |
A violation of dominance and the consumption value of gambling
We document an apparently widespread violation of dominance in the horse-racing betting market in the UK, and use the systematic variation in the incidence of this violation to estimate the consumption value of gambling. Betting-shop gamblers in the UK face a tax on gambling of 10%, but have the choice of paying the tax either at the time of wager or on any return on a successful bet. It can be shown, however, that the latter act is strictly domi…
Coint Version 2.0
Journal Article Coint Version 2.0 Get access Raymond O'Brien Raymond O'Brien University of Southampton Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 105, Issue 433, 1 November 1995, Pages 1693–1696, https://doi.org/10.2307/2235148 Published: 01 November 1995
No prominent works on this page.
Coint Version 2.0
Journal Article Coint Version 2.0 Get access Raymond O'Brien Raymond O'Brien University of Southampton Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 105, Issue 433, 1 November 1995, Pages 1693–1696, https://doi.org/10.2307/2235148 Published: 01 November 1995
A violation of dominance and the consumption value of gambling
We document an apparently widespread violation of dominance in the horse-racing betting market in the UK, and use the systematic variation in the incidence of this violation to estimate the consumption value of gambling. Betting-shop gamblers in the UK face a tax on gambling of 10%, but have the choice of paying the tax either at the time of wager or on any return on a successful bet. It can be shown, however, that the latter act is strictly domi…
Art (1 works) · Computer Science (1 works) · Consumer Market Behavior and Pricing (1 works) · Consumption (sociology (1 works) · Consumption tax (1 works) · Dominance (genetics (1 works) · Econometrics (1 works) · Economics (1 works) · Face value (1 works) · Gambling Behavior and Treatments (1 works)