Predictive Power of Markets - Prediction Accuracy, Incentive Schemes, and Traders' Biases

Accurate predictions are essential in many areas such as business and sports forecasting. Prediction markets are a promising approach for predicting uncertain future events and developments. This work demonstrates that markets are accurate predictors beyond the field of political stock markets. Moreover, the findings on trader' biases and incentive schemes are valuable for designing future prediction markets.

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Year of publication:	2008-01-01
Authors:	Luckner, Stefan
Publisher:	Universität Karlsruhe

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Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Thesis
Language:	English
Source:	BASE

Persistent link: https://ebvufind01.dmz1.zbw.eu/10009434445