Does money matter in predicting future events?

Verfügbarkeit:
Auf Lager.
Artikelnummer:
1278384
SFr. 46,00
Versandkosten
  • Produktbeschreibung

    Does money matter in predicting future events?

    Prediction markets are online trading platforms where contracts on future events are traded with payoffs being exclusively linked to event occurrence. Scientific research has shown that market prices of such contracts imply high forecasting accuracy through effective information aggregation of dispersed knowledge. This phenomenon is related to incentives for truthful aggregation in the form of real-money or play-money rewards. The question whether real- or play-money incentives enhance higher relative forecast accuracy has been addressed by previous works with diverse findings. The current state of empirical research in his field is subject to two inherent deficiencies. First, inter-market studies suffer from market disparities and differences in the definition of underlying events. Comparisons between two different platforms (one for play-money contracts, one for real-money contracts) are potentially biased by different trading behaviour. Second, the majority of studies are based upon identical datasets of market platforms (IOWA stock exchange, Tradesports/Intrade, NewsFutures).
  • Zusatzinformation

    Autor
    Bindung
    Taschenbuch
    Verlag
    Anchor Academic Publishing
    ISBN / EAN
    9783954891320
  • Weitere beliebte Produkte

    Art.Nr. 1376837

    Haaf:Kreditgenossenschaft im Dritten

    SFr. 85,00
    Art.Nr. 676795

    Rapp:Quo vadis Social Media?

    SFr. 29,95
  • 0 Kundenmeinungen

    Vielen Dank für das Interesse an unsere Kundenmeinungen.
    Wir können die Authentizität der Bewertungen nicht prüfen und sicherstellen.

    Schreiben Sie selbst eine Rezension

    Ihre Meinung interessiert uns – und hilft anderen Kunden bei der Auswahl.