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Download Prediction Markets: Fundamentals, Designs, and Applications by Jan Schroder, Stefan Luckner, Andreas Geyer-Schulz, Bernd Skiera, Christian Slamka, Jan Schr Der, Martin Spann, Christof Weinhardt, Markus Franke in PDF format completely FREE. No registration required, no payment needed. Get instant access to this valuable resource on PDFdrive.to!
About Prediction Markets: Fundamentals, Designs, and Applications
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.
Detailed Information
| Author: | Jan Schroder, Stefan Luckner, Andreas Geyer-Schulz, Bernd Skiera, Christian Slamka, Jan Schr Der, Martin Spann, Christof Weinhardt, Markus Franke |
|---|---|
| Publication Year: | 2012 |
| ISBN: | 9783834933584 |
| Pages: | 151 |
| Language: | English |
| File Size: | 1.947 |
| Format: | |
| Price: | FREE |
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