horse games

• Court Of Justice of the EU Strikes Down German Public Gambling Monopoly

... is run by public monopolies, while bets on horse racing and the operation of gaming machines and ca...), and later, the German treaty on games of chance (Glückspielstaatsvertrag), which disall...

• Mondaq Business Briefing
• Germany Law Articles in English

• Incentive Effects in Tournaments with Heterogeneous Competitors - an Analysis of the Olympic Rowing Regatta in Sydney 2000**

A large part of the theoretical tournament literature argues that rank-order tournaments only unfold their incentive effects if the contestants all have similar prospects of winning. In heterogeneous fields, the outcome of the tournament is relatively clear and the contestants reduce their effort. However, empirical evidence for this so-called contamination hypothesis is sparse. An analysis of 442 showings at the Olympic Rowing Regatta in Sydney 2000 gives evidence that oarsmen spare effort in heterogeneous heats. This implies that competition among staffs with heterogeneous skill levels does not bring about the intended effort levels. However, a separate subgroup analysis shows that only the tournament favourites hold back effort whereas underdogs bring out their best when competing ag...

...Horse race studies as e.g. provided by Lynch (2005) conf... of prime importance - here the Olympic Games - has a very high incentive effect. This implies t...

• Management Revue
• Band 20 Nr. 3, Juli 2009

• CHAPTER III The Law of Obligations

... of special rules apply to the sale of horses and cattle. In these cases the vendor is responsib... offence to arrange without licence public games of chance or public lotteries, no matter whether i...

• Manual of German Law
• Part I General Introduction and Civil Law