Prediction Markets Prediction Markets

Prediction Markets

Fundamentals, Designs, and Applications

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Descripción editorial

Accurate predictions are essential in many areas such as corporate decision making, weather forecasting and technology forecasting. Prediction markets help to aggregate information and gain a better understanding of the future by leveraging the wisdom of the crowds. Trading prices in prediction markets thus reflect the traders’ aggregated expectations on the outcome of uncertain future events and can be used to predict the likelihood of these events. This book demonstrates that markets are accurate predictors. Results from several empirical studies reported in this work show the importance of designing such markets properly in order to derive valuable predictions. Therefore, the findings are valuable for designing future prediction markets.

GÉNERO
Negocios y finanzas personales
PUBLICADO
2011
4 de noviembre
IDIOMA
EN
Inglés
EXTENSIÓN
155
Páginas
EDITORIAL
Gabler Verlag
VENDEDOR
Springer Nature B.V.
TAMAÑO
1.4
MB

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