Prediction Markets
Fundamentals, Designs, and Applications
(Sprache: Englisch)
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...
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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.
Inhaltsverzeichnis zu „Prediction Markets “
- Fundamentals of Prediction Markets - Key Design Elements of Prediction Markets
- Applications of Prediction Markets
- Prediction Markets in Service Industries
Autoren-Porträt von Stefan Luckner, Jan Schröder, Christian Slamka, Andreas Geyer-Schulz, Bernd Skiera, Martin Spann, Ch Weinhardt
Dr. Stefan Luckner works as an IT strategy consultant for a leading management consulting company.Dr. Jan Schröder is co-founder of KENFORX, a company providing methods for collective intelligence like prediction markets.
Dr. Christian Slamka works as a consultant in strategic IT management projects in the telecom industry.
Bibliographische Angaben
- Autoren: Stefan Luckner , Jan Schröder , Christian Slamka , Andreas Geyer-Schulz , Bernd Skiera , Martin Spann , Ch Weinhardt
- 2011, 141 Seiten, 29 Schwarz-Weiß-Abbildungen, Maße: 14,8 x 21 cm, Kartoniert (TB), Englisch
- Verlag: Gabler
- ISBN-10: 3834933589
- ISBN-13: 9783834933584
- Erscheinungsdatum: 20.12.2011
Sprache:
Englisch
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