Suchergebnisse

AbstractThis article is a response to calls from a number of theorists in International Relations and related disciplines for the need to develop alternative ways of thinking 'the border' in contemporary political life. These calls stem from an apparent tension between the increasing complexity of the nature and location of bordering practices on the one hand and yet the relative simplicity with which borders often continue to be treated on the other. One of the intellectual challenges, however, is that many of the resources in political thought to which we might turn for new border vocabularies already rely on unproblematised conceptions of what and where borders are. It is argued that some promise can be found in the work of Italian philosopher Giorgio Agamben, whose diagnosis of the operation of sovereign power in terms of the production of bare life offers significant, yet largely untapped, implications for analysing borders and the politics of space across a global bio-political terrain.

The concept of information efficiency is central to many studies of financial markets, and these studies have been well surveyed to date. A betting market is an example of a simple financial market, but one which offers researchers the added advantage that it is characterized by a well‐defined termination point at which each asset (or bet) possesses a definite value. In consequence, it is much more convenient to use this particular context to formulate tests of information efficiency, and from these tests to draw useful conclusions. This paper surveys the rapidly growing literature which has to date addressed this issue of information efficiency in betting markets.