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Prediction Markets : Theory and Applications.
The insights gained through the effective use of prediction markets, which are essentially speculative markets created for the purpose of aggregating information and making predictions, have many potentially valuable applications for public policy, and offer substantial promise as a tool of informat...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Hoboken :
Taylor & Francis,
2011.
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| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Cover; Title; Copyright; Contents; Notes on contributors; 1. Introduction; 2. Modeling idea markets: Between beauty contests and prediction markets; 3. How prediction markets can save event studies; 4. Mechanisms for prediction markets; 5. Information markets for decision-making: Performance and feasibility; 6. Using prediction markets in new product development; 7. Prediction market accuracy for business forecasting; 8. Price biases and contract design: Lessons from Tradesports; 9. The predictive ability of financial markets.
- 10. The ability of markets to predict conditional probabilities: Evidence from the US presidential campaign11. Prediction markets: A study on the Taiwan experience; 12. Uses of sports wagering-based prediction markets outside of the world of gambling; 13. Experimental prediction and pari-mutuel betting markets; 14. The economic analysis of sports betting by expert gamblers and insiders: A survey; 15. Who can beat the odds?: The case of football betting reviewed; 16. The prediction market for the Australian Football League; 17. Do experts know more than the crowd?: A case study; Index.