Bruggen, G.H. van; Spann, M.; Lilien, G.L.; Skiera, B. - Erasmus Research Institute of Management (ERIM), ERIM … - 2006
We study the performance of Virtual Stock Markets (VSMs) in an institutional forecasting environment. We compare VSMs … applied in an environment with a small number of knowledgeable informants, i.e., in thin markets. Our results show that none … of the three approaches differ in forecasting accuracy in a low knowledge-heterogeneity environment. However, where there …