Results from a dozen years of election futures markets research

J Berg, R Forsythe, F Nelson, T Rietz - Handbook of experimental …, 2008 - Elsevier
Publisher Summary Each market is related to a specific future event, for instance a
presidential election, and contains a set of contracts with liquidation values pegged to the …

Prediction markets: An extended literature review

G Tziralis, I Tatsiopoulos - The journal of prediction markets, 2007 - ubplj.org
This paper presents an attempt to study and monitor the evolution of research on prediction
markets (PM). It provides an extended literature review and classification scheme. The …

Prediction markets

J Wolfers, E Zitzewitz - Journal of economic perspectives, 2004 - aeaweb.org
We analyze the extent to which simple markets can be used to aggregate disperse
information into efficient forecasts of uncertain future events. Drawing together data from a …

Harnessing the wisdom of crowds in wikipedia: quality through coordination

A Kittur, RE Kraut - Proceedings of the 2008 ACM conference on …, 2008 - dl.acm.org
Wikipedia's success is often attributed to the large numbers of contributors who improve the
accuracy, completeness and clarity of articles while reducing bias. However, because of the …

[图书][B] Handbook of experimental economics results

CR Plott, VL Smith - 2008 - books.google.com
Experimental methods in economics respond to circumstances that are not completely
dictated by accepted theory or outstanding problems. While the field of economics makes …

Wishes, expectations and actions: a survey on price formation in election stock markets

R Forsythe, TA Rietz, TW Ross - Journal of Economic Behavior & …, 1999 - Elsevier
With error-prone and biased individual traders, can markets aggregate trader information
and produce efficient outcomes? We review election stock market evidence that suggests …

Integrating prediction market and Delphi methodology into a foresight support system—Insights from an online game

T Prokesch, HA Von der Gracht… - … Forecasting and Social …, 2015 - Elsevier
In this paper, we introduce a novel approach, an electronic combination of a prediction
market and Delphi methodology, to create a foresight support system (FSS). While the …

Searching for Google's value: Using prediction markets to forecast market capitalization prior to an initial public offering

JE Berg, GR Neumann, TA Rietz - Management Science, 2009 - pubsonline.informs.org
We conducted prediction markets designed to forecast post-initial public offering (IPO)
valuations before a particularly unique IPO: Google. The prediction markets forecast …

Prediction markets: Fundamentals, key design elements, and applications

S Luckner - 2008 - aisel.aisnet.org
Over the last couple of years, interest in prediction markets as a forecasting method has
continuously increased in the scientific world and in industry. Markets provide incentives for …

[图书][B] Prediction markets: Fundamentals, designs, and applications

S Luckner, J Schröder, C Slamka, B Skiera, M Spann… - 2011 - books.google.com
Accurate predictions are essential in many areas such as corporate decision making,
weather forecasting and technology forecasting. Prediction markets help to aggregate …