Posts Tagged ‘economics’

Dutch book

Posted by Nicolae on December 1st, 2008 under Wagering guide
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In gambling a Dutch book or lock is a set of odds and bets which guarantees a profit, no matter what the outcome of the gamble. It is associated with probabilities implied by the odds not being coherent.In economics a Dutch book usually refers to a sequence of trades that would leave [...]

Las Vegas physics, economics and resources

Posted by Nicolae on June 10th, 2008 under Las Vegas, Las Vegas Nevada Guide
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Geography
Typical desert around the Las Vegas area.
Las Vegas is located at 36°11′39″N, 115°13′19″W (36.194168, 115.222060)GR1. According to the United States Census Bureau, the city has a total area of 293.6 km² (113.4 mi²). 293.5 km² (113.3 mi²) of it is land and 0.1 km² (0.1 mi²) of it is water. The [...]