Search results for "betting"
showing 10 items of 12 documents
IL BENE DELLA DIGNITÀ UMANA IN SOCCORSO DELLA LEGGE MERLIN? : SULLA SENTENZA 141/2019 DELLA CORTE COSTITUZIONALE IN MATERIA DI FAVOREGGIAMENTO E RECL…
2019
Con la sentenza 141/2019 la Corte costituzionale ha dichiarato non fondata la questione di legittimità costituzionale dei reati di “reclutamento” e di “favoreggiamento” della prostituzione, proposta dalla Corte d’Appello di Bari. A partire dalla vicenda oggetto di giudizio, e dopo una preliminare indagine sui modelli di regolamentazione normativa della prostituzione volontaria e sui dubbi di legittimità costituzionale espressi dalla ordinanza di remissione, ci si sofferma su taluni aspetti critici della decisione. Nella prospettiva dell’Autore, la scelta di prostituirsi ha una inscindibile doppia natura (sessuale ed economica) e dunque una plurima copertura costituzionale; discutibili sono …
Internet y contrato de juego: el juego on line y la regulación del contrato de juego y apuesta en el derecho español.
2015
El juego y la apuesta siempre han tenido interés para el Derecho y, particularmente, para el Derecho Civil. Los Códigos civiles han regulado el contrato de juego y apuesta atendiendo a la realidad de la época de la codificación. Internet ha supuesto una auténtica revolución en muchas materias del Derecho Civil y muy especialmente, en la concepción y práctica del juego y la apuesta. El juego y apuesta on line ha hecho necesaria una nueva regulación jurídica conforme a la realidad actual. La mencionada regulación tiene un importante componente privado, como es el contrato de juego y apuesta. El presente trabajo aborda el impacto de internet en los juegos y apuestas, el juego on line y la regu…
Conditional Random Quantities and Iterated Conditioning in the Setting of Coherence
2013
We consider conditional random quantities (c.r.q.’s) in the setting of coherence. Given a numerical r.q. X and a non impossible event H, based on betting scheme we represent the c.r.q. X|H as the unconditional r.q. XH + μH c , where μ is the prevision assessed for X|H. We develop some elements for an algebra of c.r.q.’s, by giving a condition under which two c.r.q.’s X|H and Y|K coincide. We show that X|HK coincides with a suitable c.r.q. Y|K and we apply this representation to Bayesian updating of probabilities, by also deepening some aspects of Bayes’ formula. Then, we introduce a notion of iterated c.r.q. (X|H)|K, by analyzing its relationship with X|HK. Our notion of iterated conditiona…
Semi-strong inefficiency in the fixed odds betting market: Underestimating the positive impact of head coach replacement in the main European soccer …
2019
Abstract In this paper we analyse the efficiency of the sports betting market, seeking to ascertain whether the market is efficient in the case of fixed odds provided by bookmakers in the four major European soccer leagues under the semi-strong efficiency hypothesis. By examining the trends of odds in the event of a major change in expectations about team results, i.e. when the head coach of a team is replaced, we attempt to verify the argument that a profitable strategy for the bettor is likely to be possible. In this case, the market under consideration would be inefficient. Analysing the average effect of head coach replacement, we find a positive impact on team performance. Based on thi…
Solving Two-Person Zero-Sum Stochastic Games With Incomplete Information Using Learning Automata With Artificial Barriers
2021
Learning automata (LA) with artificially absorbing barriers was a completely new horizon of research in the 1980s (Oommen, 1986). These new machines yielded properties that were previously unknown. More recently, absorbing barriers have been introduced in continuous estimator algorithms so that the proofs could follow a martingale property, as opposed to monotonicity (Zhang et al., 2014), (Zhang et al., 2015). However, the applications of LA with artificial barriers are almost nonexistent. In that regard, this article is pioneering in that it provides effective and accurate solutions to an extremely complex application domain, namely that of solving two-person zero-sum stochastic games that…
Optimal control of option portfolios and applications
1999
We present an expected utility maximisation framework for optimally controlling a portfolio of options. By combining the replication approach to option pricing with ideas of the martingale approach to (stock) portfolio optimisation we arrive at an explicit solution of the option portfolio problem. Its characteristics are illustrated by some specific examples. As an application, we calculate an optimal option and consumption strategy for an investor who is obliged to hold a stock position until the time horizon.
Alimentare sogni, destrutturare speranze. Politiche di offerta e dinamica della domanda di gioco aleatorio nell’Italia contemporanea
2013
I dati sul coinvolgimento degli italiani nel consumo di giochi di tipo alea (gambling in genere, scommesse, lotterie ecc.) evidenziano come negli ultimi dieci anni la pratica della “scommessa” sia diventata oltremodo diffusa. A questa crescita ha certamente contribuito, oltre alla crisi congiunturale richiamata da alcuni studiosi quale causa contingente, sia l‘aumento dell’offerta di gioco, cresciuta notevolmente rispetto al passato e in Italia fondamentalmente gestita dal monopolio statale, sia la maggiore accessibilità consentita dalle nuove tecnologie della comunicazione. Nell’intervento si descrive lo stato attuale della domanda e dell’offerta del consumo di gioco, prendendo in consider…
La legittimità costituzionale dei reati di favoreggiamento e reclutamento della prostituzione: note a margine di Corte cost. 141/19
2020
The Italian Constitutional Court (141/2019) rejected the issue on the constitutional legitimacy of the crimes of "recruitment" and "aiding and abetting" prostitution, as proposed by the Court of Appeal of Bari. Nevertheless, the causal links between the behavior of facilitating prostitution and the dangers to freedom, security and dignity of the prostitutes are questionable.
Le scommesse sportive: tra promozione e divieti
2023
The work analyzes the evolution of sports bets in light of values of the legal system. It traces the events that have seen permissive or repressive attitudes prevail on the part of the legislator. It also analyze the problems of relations between the sports and the states systems in the regulation of sports betting.
Gioco scommessa e responsabilità della p.a.: tra pretese di monopolio, libero mercato e protezione del consumatore
2022
The essay analyzes the recent regulatory and jurisprudential developments in gaming and betting, focusing peculiarly on the public administration’s re- sponsibility pro le for the act committed by its concessionaires towards the consumer. The script criticized, in particular, the orientation of the Court of Cassation according to which the supervisory and control powers weighting on the p.a. towards the gaming and betting concessionaire give rise to indirect liability pursuant to art. 2049 of the Italian Civil Code.