2026-09-25T15:19:41Z https://www.ideals.illinois.edu/oai-pmh

oai:www.ideals.illinois.edu:2142/49668 2023-07-11 col_2142_5131 col_2142_16359 com_2142_5130 com_2142_16358 com_2142_234

Sreenivas, Ramavarapu S. Ramasamy Loganathan, Venkatesh 2014-05-30T17:03:50Z 2014-05-30T17:03:50Z 2016-09-22T20:59:32Z 2014-05 2014-05-30T17:03:50Z 2014-05 Wagering is common in various arenas that include but not limited to horse racing, casinos, financial markets and stock trading. Several market mechanisms are used in these markets to predict the outcome based on the available information and make an educated decision in an investment involving huge risks. One such market mechanism is the Dynamic Pari-Mutuel market mechanism developed by Pennock. In this study I describe a python based implementation of the mathematical models used in Dynamic Pari-Mutuel mechanism. The simulation that simulates the market transactions is then validated by verifying if the price generated for each purchase transaction follows a random walk path. This work would be a gate-way leading to opportunities to study various complicated market scenarios by extending the existing capabilities of the simulation. Item withdrawn by Laura Spradlin (lspradl2@illinois.edu) on 2014-04-29T20:35:58Z Item was in collections: University of Illinois Theses & Dissertations (ID: 1) No. of bitstreams: 1 RamasamyLoganathan_Venkatesh.pdf: 1213043 bytes, checksum: 8c6ec8386e66a98a1bb48a3dc08cdefa (MD5) Made available in DSpace on 2014-05-30T17:03:50Z (GMT). No. of bitstreams: 2 Venkatesh_Ramasamy Loganathan.pdf: 1213043 bytes, checksum: 8c6ec8386e66a98a1bb48a3dc08cdefa (MD5) license.txt: 4079 bytes, checksum: b8faf8e595dd608c9b88f031f3151224 (MD5) Item marked as restricted to the 'UIUC Users [automated]' Group (id=2) by Seth Robbins (robbins.sd@gmail.com) on 2014-05-30T17:09:24Z Item is restricted until 2016-05-30T17:09:03Z Restriction data tranferred 2014-07-01T11:38:23-05:00 Original Data Group with Access UIUC Users [automated] Release Date: 2016-05-30 12:09:03 UTC Reason: Author requested U of Illinois access only (OA after 2yrs) in Vireo ETD system U of I Only Restriction Lifted for Item 49719 on 2016-09-22T20:59:32Z. http://hdl.handle.net/2142/49668 en Copyright 2014 Venkatesh Ramasamy Loganathan Wagering Dynamic Pari-Mutuel Mechanism Random Walk Path A study verifying the simulation of market trading with Dynamic Pari-Mutuel mechanism using Python text Industrial&Enterprise Sys Eng 1422 Industrial Engineering 0127 University of Illinois at Urbana-Champaign Thesis M.S. MS:Industrial Engineerng -UIUC 10KS0127MS